Category : Search result: financial institutions merger


Union Bank & Indian Bank Get RBI Nod for Overseas Merger

In a strategic banking sector reform, Union Bank of India and Indian Bank receive RBI approval to merge overseas operations. This landmark decision enhances international presence across 13+ countries including UK, UAE, and Hong Kong.

Paramount Cuts 1,000 Jobs in Major Restructuring

US media giant Paramount Global initiates major restructuring with 1,000 job cuts amid potential Skydance merger. Get exclusive details on the layoff strategy and what's next for the entertainment industry.

NBFCs Sell Unsecured Loans to Cut Risk

Indian non-banking financial companies are strategically selling unsecured loan portfolios to banks and other investors amid regulatory scrutiny and rising risk concerns. Discover how this trend is reshaping lending practices.

Huntington Bancshares Buys Cadence Bank in $7.4B Deal

Columbus-based Huntington Bancshares announces landmark $7.4 billion acquisition of Cadence Bank, creating a banking powerhouse with expanded Southern US footprint and enhanced digital capabilities.

UP Schools Closed Oct 28 for Chhath Puja 2025

Several districts in Uttar Pradesh will observe school holidays on October 28, 2025, as educational institutions close for Chhath Puja celebrations. Check the complete list of affected districts.

Huntington Bancshares Acquires Cadence in $7.4B Bank Deal

In a landmark banking sector consolidation, Huntington Bancshares acquires Cadence Bank for $7.4 billion through an all-stock transaction, significantly expanding its presence across the lucrative Southern US markets.

Novartis Nears $1.7B Avidity Biosciences Acquisition

Swiss pharmaceutical giant Novartis AG is finalizing a landmark acquisition of California-based Avidity Biosciences in a deal valuing the biotech firm at over $70 per share, potentially exceeding $1.7 billion, according to exclusive reports.

Nepal Remains on FATF Grey List

Nepal continues its struggle with financial oversight as FATF maintains the country on its grey list, citing deficiencies in combating money laundering and terrorist financing.

US Senators Demand DHS Stop School Zone Operations

Bipartisan group of US senators urges DHS Secretary Linda McMahon to restrict immigration enforcement activities near educational institutions, citing student trauma and disrupted learning environments.

IIT Madras Scholarships: 5 Key Financial Aid Programs

Discover IIT Madras' top 5 scholarship programs offering financial support to deserving students. Learn about eligibility criteria, award amounts, and renewal processes to fund your education at India's premier engineering institute.

Financial Systems as Public Goods: India's New Approach

Expert analysis reveals why treating financial systems as public infrastructure rather than private risks could transform India's economic stability and growth. Learn how this paradigm shift could benefit millions.

Finixx Awards 2025 Crowns India's BFSI Champions

Mumbai hosted the prestigious Finixx Awards Summit 2025, celebrating exceptional achievements and groundbreaking innovations across India's banking, financial services, and insurance sectors.

Shashi Tharoor: Multilateralism Isn't Dead

Senior Congress leader Shashi Tharoor challenges the narrative of multilateralism's demise, arguing global cooperation remains crucial despite geopolitical tensions and institutional challenges.

Puerto Rico Utility Bankruptcy Restarts as Board Returns

The Puerto Rico Electric Power Authority's bankruptcy case has been officially reopened after board members returned to their posts, marking a significant development in the territory's ongoing debt restructuring efforts.

JLR Cyberattack Costs Tata Motors ₹540 Crore

Tata Motors faces massive financial blow as JLR cyber incident leads to significant production disruptions and data security concerns. Latest updates on the recovery process.

Rishabh Tandon Net Worth Revealed After Tragic Death

The sudden demise of indie music sensation Rishabh Tandon unveils his impressive net worth and financial success in the music industry. Discover the details of his fortune and career achievements.

Rivaba Jadeja Tops Gujarat Ministers' Wealth Chart

A recent analysis reveals the financial standing of Gujarat's cabinet ministers, with Rivaba Jadeja emerging as the wealthiest. Discover the surprising net worth figures and asset declarations of the state's political leaders.

Delhi HC: SC/ST Act Can't Block Bank Mortgage Rights

Delhi High Court delivers crucial judgment safeguarding banks' mortgage rights against SC/ST Act misuse. Learn how this ruling protects financial institutions while balancing social justice laws.

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