First Citizens ending Silicon Valley Bank name after three years
First Citizens BancShares Inc. will retire the Silicon Valley Bank name three years after it acquired the go-to bank for ...
Tag: mergers and acquisitions (M&A)
Capital One’s efficiency ratio reflects continued tech, AI transformation
Capital One continues to prioritize technology transformation with investment in modern data platforms. The technology transformation at the $682.9 billion bank, which is in ...
OpenAI to acquire Hiro Finance
OpenAI is set to acquire AI-powered personal finance startup Hiro Finance, Hiro announced April 13. The San Francisco-based startup was founded in 2024 by Ethan ...
UK lender OakNorth hiring in the US as bank acquisition nears
OakNorth Bank Plc is hiring for key positions in the US ahead of its acquisition of Michigan-based Community Unity Bank, which ...
UiPath acquires WorkFusion to boost agentic AI compliance tools
Agentic automation software provider UiPath has acquired WorkFusion, a specialist in AI-powered tools for financial crime compliance. The move will strengthen ...
Santander expects to save $280M in tech costs through 2028 by acquiring Webster
Santander Bank predicts its $12 billion acquisition of Webster Bank will provide it with additional synergies of more than $800 million through 2028 and result in a savings of $280 million in technology ...
Santander to buy Webster Bank in a $12.2B deal
Banco Santander announced Tuesday that it has agreed to acquire Webster Financial Corporation, the Stamford, Conn. based parent of Webster Bank, ...
Extend CEO: Brex acquisition a ‘net good’ for the industry
Financial services executives see Capital One’s planned acquisition of AI driven spend management and business banking service provider Brex as good for the industry. “Increasingly companies see financial services ...
PayPal to acquire Cymbio to expand agentic commerce
PayPal Holdings announced today it has agreed to acquire Cymbio, a multichannel commerce platform, as it moves to expand its ...
AI in M&A: Datasite integrates Blueflame AI
Agentic AI is transforming the M&A landscape at financial institutions and tech providers are tapping the tech to streamlining the deal-making process. SaaS provider Datasite, this ...
