Banks

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State Bank Financial Corp updates on proposed merger with Atlanta Bancorporation Inc

Monday, 22 Sep 2014 08:00am EDT

State Bank Financial Corp:Says all regulatory approvals for its proposed merger with Atlanta Bancorporation Inc have been received.The transaction was announced on April 28, and approved by shareholders of Atlanta Bancorporation on June 25.The merger is expected to be completed on Oct. 1.

F.N.B. Corp completes merger with OBA Financial Services Inc

Monday, 22 Sep 2014 08:00am EDT

F.N.B. Corp:Says on Sept. 19, it completed its merger with OBA Financial Services Inc.Prior to completing the merger, FNB obtained all required legal and regulatory approvals, and OBA shareholders approved the transaction.Shares of OBA Financial Services Inc will no longer be traded on the NASDAQ stock exchange.

Klepp Sparebank updates on merger with Time Sparebank

Monday, 22 Sep 2014 07:00am EDT

Klepp Sparebank:Says Klepp Sparebank and Time Sparebank will form new entity Jaeren Sparebank.Says the bank will have total assets of about 12.7 billion Norwegian crowns and capital of about 1.2 billion crowns.Says merger is expected to be carried out in early Q1 2015.

Bank Himpunan Saudara 1906 Tbk to merge with PT Bank Woori Indonesia

Sunday, 21 Sep 2014 08:00pm EDT

PT Bank Himpunan Saudara 1906 Tbk:Says it will merge with PT Bank Woori Indonesia effective Dec. 19.

Fidelity Southern Corp completes acquisition of Florida Branches

Friday, 19 Sep 2014 11:30am EDT

Fidelity Southern Corp:Announced the completion of the deposits of six branches of CenterState Bank of Florida, N.A.In connection with the acquisition, the Bank assumed about $174.2 million in deposits at a deposit premium of 1.5 pct.

Kotak Mahindra Bank Ltd's KMAMC acquires schemes of PineBridge MF

Friday, 19 Sep 2014 03:49am EDT

Kotak Mahindra Bank Ltd:Says a subsidiary - Kotak Mahindra Asset Management Company Ltd (KMAMC) has executed definitive agreement to acquire the domestic schemes of PineBridge Mutual Fund (PBI MF).PBI MF is managed by PineBridge Investments Asset Management Company (India) Private Ltd.

AFFIN Holdings Bhd proposes acquisition of entire equity interest in AIIM

Thursday, 18 Sep 2014 08:00pm EDT

AFFIN Holdings Bhd:Says Affin Hwang Asset Management Berhad (Affin Hwang AM) has, on Sept. 19 entered into the shares sale and purchase agreement for the acquisition of 51 pct interest in Asian Islamic Investment Management Sdn Bhd (AIIM) from Nikko Asset Management Asia Limited.Says total cash consideration is 11,730,000 ringgit to be satisfied in cash.Also enters into shares sale and purchase agreement for acquisition of 49 pct interest in AIIM from Affin Hwang Investment Bank Berhad for 11,270,000 ringgit to be satisfied in cash.Affin Hwang AM is a 70 pct subsidiary of Affin Hwang IB, which is in turn a wholly-owned subsidiary of AFFIN.AIIM is a 49 pct associate company of Affin Hwang IB.

Banca Popolare dell Emilia Romagna Sc says Board approves merger of Banca Popolare del Mezzogiorno SpA, Banca della Campania SpA and Banca Popolare di Ravenna SpA into BPER

Tuesday, 16 Sep 2014 10:41am EDT

Banca Popolare dell Emilia Romagna Sc:Says the Board approved the merger of Banca Popolare del Mezzogiorno SpA, Banca della Campania SpA and Banca Popolare di Ravenna SpA into Banca Popolare dell Emilia Romagna (BPER), following equal resolutions as approved by the Shareholders’ Meetings of the Banks to be merged.

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