JD Supra: Mergers

SEPTEMBER 27, 2024

Asset / Wealth Management - Current market: Consistently high M&A activity levels - We are seeing: Europe’s barbell becomes more pronounced—larger asset / wealth managers swallow smaller competitors at pace: - Larger deals remain rare (e.g.,

Financial Services 171

Financial Services M&A Acquisitions Mergers 171

Cisco: M&A

OCTOBER 31, 2023

A new use case in the annual refresh of Cisco Portfolio Explorer for financial services is e-communication compliance. Financial… Read more on Cisco Blogs This hot button issue is in the news it seems almost weekly.

Financial Services 98

Financial Services Portfolio IT 98

JD Supra: Mergers

SEPTEMBER 27, 2024

Our Financial Services and Antitrust teams highlight what banks considering mergers should know about the changes. Last week, each of the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Department of Justice Antitrust Division (DOJ) revised how they will review bank mergers.

Mergers 314

Mergers Bank Banking Financial Services 314

Global Banking & Finance

JUNE 23, 2023

IT outsourcing for financial services companies: key benefits By Oksana Wojtkiewicz, Head of Sales & Marketing at Solwit For over 15 years, Oksana has advised clients on the most effective technology solutions to take their businesses to the next level.

Financial Services 105

Financial Services IT Portfolio Sale 105

Global Banking & Finance

NOVEMBER 1, 2023

The AI revolution: How financial services can utilise automation By Devashish Mishra, Head of Solutions – Europe, Persistent Systems Over the past few years, artificial intelligence (AI) has been reshaping various sectors, including the financial services industry.

Financial Services 98

Financial Services 98

Global Banking & Finance

MAY 31, 2023

Financial services companies seek to unlock efficiencies of cybersecurity automation By Leon Ward, Vice President of Product Management at ThreatQuotient As cyber threats intensify and the resources to deal with them remain limited, there is a growing need for automation in cybersecurity.

Financial Services 105

Financial Services Management Securities 105

The New York Times: Banking

JANUARY 28, 2025

The social media company said it would start a peer-to-peer payments service, moving to expand the apps abilities.

Financial Services 140

Financial Services Media IT Mergers and Acquisitions 140

TechCrunch: M&A

FEBRUARY 20, 2024

FairMoney, a digital bank based in Lagos and headquartered in Paris, is in discussions to acquire Umba, a credit-led digital bank providing payroll and financial services to customers in Nigeria and Kenya, in a $20 million all-stock deal, sources tell TechCrunch.

Bank 329

Bank Banking Stock Financial Services 329

Cisco: M&A

MAY 15, 2024

The Digital Operational Resilience Act (DORA) offers financial service institutions the chance to enhance operational resilience and competitive advantage through compliance, with Cisco providing a comprehensive suite of solutions to support FSIs in meeting these new regulatory requirements.

Financial Services 98

Financial Services 98

JD Supra: Mergers

MARCH 4, 2024

The House Financial Services Committee heard testimony on these bills in 2023, access my testimony on several of these bills. On March 5, 2024, the House will consider capital formation related legislation, H.R. This was originally introduced in April 2023 and reported out in July 2023. It is comprised of 19 separate bills.

Capital 302

Capital Financial Services IT 302

Razorpay

DECEMBER 2, 2024

Alice Blue Financial Services Pvt. has come a long way since its inception, making waves in the Indian financial markets. What started as a discount brokerage service now spans a wide array of offerings—Equities, Currency, Commodities, IPOs, F&O, and Mutual Funds.

Financial Services 52

Financial Services Investors Securities Trading 52

PE Hub

NOVEMBER 2, 2023

Warburg Pincus, Centerbridge, KKR and Charlesbank are among the PE heavyweights betting on financial services. The post Money, money, money: 6 PE-backed financial services deals appeared first on PE Hub.

Financial Services 76

Financial Services 76

TechCrunch: M&A

JANUARY 17, 2024

ZestMoney, the Goldman Sachs-backed Indian fintech startup once valued at $450 million, has sold itself to financial services firm DMI Group, the two said late Wednesday, in a fire sale that caps 12 tumultuous months for the once-hot new-age lender.

Sale 274

Sale Financial Services Mergers and Acquisitions Capital 274

PE Hub

SEPTEMBER 7, 2023

The post GTCR invests in financial services firm R&T Deposit Solutions appeared first on PE Hub. As a result of the investment, GTCR owns 50 percent of R&T with the remaining 50 percent retained by existing shareholders, which include Estancia Capital Partners and R&T's founding team and employees.

Financial Services 82

Financial Services Investment Capital 82

Global Banking & Finance

NOVEMBER 12, 2024

By Richard Winston, Managing Director and Global Head of Financial Services at Slalom As we approach 2025, the financial services industry is moving through a period of ongoing transformation. Five key drivers—digital transformation, climate related financial risk, interest […]

Financial Services 64

Financial Services Management Finance Finance 64

PE Hub

SEPTEMBER 11, 2023

The post Genstar-backed Cetera to take financial services firm Avantax private appeared first on PE Hub. The transaction puts Avantax at a valuation of $1.2

Financial Services 74

Financial Services Valuation 74

The TRADE

DECEMBER 10, 2024

Saphyre has partnered with BlackRock to integrate services with the firms end-to-end asset management platform Aladdin. This collaboration aims to streamline operations, mitigate risks, and simplify workflows for shared clients in the financial services industry.

Financial Institution 105

Financial Institution Financial Services Investment Manager Collaboration 105

PE Hub

JUNE 21, 2023

The post The Vistria Group takes controlling stake in financial services firm U.S. Kohlberg will remain a a minority investor and partner with The Vistria Group to further accelerate the growth of USRBP. Retirement & Benefit Partners appeared first on PE Hub.

Financial Services 80

Financial Services Investors 80

TechCrunch: M&A

AUGUST 21, 2024

Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 The acquisition, among the largest M&A deals among new-age Indian tech companies, includes Paytm’s ticketing services for movies, sports and events.

Entertainment 218

Entertainment Business Financial Services Food 218

PE Hub

SEPTEMBER 7, 2023

GTCR bets on financial services. The post GTCR takes financial services position with R&T Deposit Solutions investment; Marketing agency roundup appeared first on PE Hub.

Financial Services 71

Financial Services Investment 71

Global Banking & Finance

JULY 22, 2024

By Russ Rawlings, RVP, Enterprise, UK&I, Databricks Strict regulation, along with time and cost restraints, means that the financial services industry must take a measured approach to embracing technological advancements.

Financial Services 59

Financial Services 59

JD Supra: Mergers

NOVEMBER 12, 2024

The UK financial services regulators, the Prudential Regulation Authority (PRA) and Financial Conduct Authority (FCA), have recently set out their final policy on the assessment of acquisitions and increases in control of PRA and FCA authorised firms. By: A&O Shearman

Acquisitions 192

Acquisitions Financial Services 192

The TRADE

JULY 27, 2023

The post BlackRock and Jio Financial Services new asset management venture set to “democratise access to investment solutions” in India appeared first on The TRADE.

Asset Management 97

Asset Management Financial Services Management Investment 97

Cisco: M&A

JULY 6, 2023

Have you heard the phrase “Meet your customers where they are?” If you search the term, you will be barraged with consulting ads and explanations from trade publications on why driving custom cus… Read more on Cisco Blogs

Financial Services 98

Financial Services Manufacturing Securities Consulting 98

JD Supra: Mergers

MARCH 28, 2025

Join us for a new episode of Financial Services Focus, with partner Lauren Pryor, co-lead of the Financial Services Product Team, and Brad Peterson, a partner at the firms Chicago office and member of the Technology & IP Transactions practice.

M&A 171

M&A Financial Services Management 171

Cisco: M&A

JUNE 20, 2023

Today’s consumers expect connected and personalized interactions as standard, and the best finance firms can do this while retaining customer loyalty. In order to achieve positive outcomes during the … Read more on Cisco Blogs

Financial Services 98

Financial Services Management Finance Finance 98

JD Supra: Mergers

MARCH 5, 2025

James Stevens, co-leader of Troutman Pepper Lockes Financial Services Industry Group, was quoted in the March 5, 2025 Banking Dive article, FDIC Withdraws Merger Policy, Brokered Deposits Proposal.. By: Troutman Pepper Locke

Broker 177

Broker Mergers Financial Services Banking 177

JD Supra: Mergers

NOVEMBER 21, 2024

On 14 November 2024, Chancellor Rachel Reeves delivered her inaugural Mansion House 2024 speech, announcing a collection of reforms designed to drive growth and competitiveness in the financial services sector. By: Goodwin

Financial Services 165

Financial Services Management Funds 165

Global Banking & Finance

SEPTEMBER 23, 2024

Author: Shilpa Doreswamy, Sector Director of Retail Banking, GFT The financial services industry is increasingly grappling with the critical issue of downtime. Preventing IT outages within financial institutions is the main […]

Financial Services 59

Financial Services Financial Institution Retail Bank 59

JD Supra: Mergers

SEPTEMBER 30, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Specialty Finance / Marketplace Lending - Consolidation fever grips non-bank lenders and banks alike—SME lending, revenue-based finance and PropFinance at its core. Current market: Marginal uptick in M&A activity. By: White & Case LLP

Finance 177

Finance Finance Financial Services M&A 177

JD Supra: Mergers

JANUARY 16, 2025

Following the turn of the new year, our UK Regulatory specialists have examined the key regulatory developments in 2025 impacting a range of UK and European firms within the financial services sector. The key dates have been distilled by the Proskauer team in an easy to read timeline with our commentary. By: Proskauer Rose LLP

Financial Services 177

Financial Services 177

JD Supra: Mergers

OCTOBER 1, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Consumer Finance - Current market: Inflexion point for UK & European consumer lending - We are seeing: Significant consolidation activity: -First-movers attempt to conquer their niches (e.g.,

Finance 177

Finance Finance Financial Services M&A 177

JD Supra: Mergers

OCTOBER 4, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Asset/Wealth Management - Current market: Consistently high M&A activity levels - We are seeing: Europe's barbell becomes more pronounced—larger asset / wealth managers swallow smaller competitors at pace: Larger deals remain rare (e.g.,

Management 177

Management Financial Services M&A Acquisitions 177

JD Supra: Mergers

OCTOBER 1, 2024

UK & European Financial Services M&A: Sector Trends H2 2023 | H1 2024 — Brokers / Corporate Finance - Mid-market investment banks consolidate at the fastest rate yet—Panmure Gordon & Liberum, Redburn (Europe) & Atlantic Equities and Cenkos Securities & FinnCap Group mergers reshape the City skyline.

Corporate Finance 177

Corporate Finance Broker Finance Finance 177

JD Supra: Mergers

SEPTEMBER 25, 2023

UK & European Financial Services M&A: Sector trends H2 2022 | H1 2023 — Fintech - Whilst many European start-ups have struggled to successfully execute funding rounds at valuation levels of yesteryear, more mature fintechs have pivoted to acquisitions and partnerships to fuel growth.

M&A 197

M&A IPO Financial Services Valuation 197

JD Supra: Mergers

OCTOBER 4, 2024

Governments play a pivotal role in European bank M&A: State coffers play significant roles.

Bank 192

Bank Banking M&A Financial Services 192

Global Newswire by Notified: M&A

MARCH 25, 2024

March 25, 2024 (GLOBE NEWSWIRE) -- Provident Financial Services, Inc. ISELIN, N.J. and OAK RIDGE, N.J., NYSE:PFS) (“Provident”), the parent company of Provident Bank, and Lakeland Bancorp, Inc.

Financial Services 81

Financial Services Insurance Mergers Bank 81