Financing

Premier Financial Bancorp through its subsidiary Citizens Deposit Bank and Trust has agreed to acquire The First National Bank of Jackson, the wholly-owned subsidiary of The First National Holding Company of Jackson, for $14.8m (£11.8m). As part of the agreement,...

The UK’s Financial Conduct Authority (FCA) has proposed a ban on the sale of crypto-derivatives to retail consumers saying that the products are ill-suited. In this regard, the FCA has proposed rules to address harm to retail consumers resulting from...

LBC Credit Partners , a leading provider of financing solutions to middle market companies, provided senior secured credit facilities to support the acquisition of MPL Holdings, LLC ("MPL" or the "Company") by Wynnchurch Capital, LLC. LBC served as Sole Lender...

JPMorgan Chase & Co is set to acquire US healthcare payments company InstaMed for an undisclosed price, in a move to provide end-to-end healthcare payments solutions. The financial services giant said that the acquisition of InstaMed will grow its suite...

Major lenders took part in the investment round in the fintech, which is building the "financial industry's operating system" to help banks modernise legacy IT systems Wells Fargo and Barclays have led a $17m (£13.3m) investment into New York fintech...

Digital innovation is transforming the way we do business, making existing processes simpler, smarter and faster. Mastercard announced an upgrade to the back office experience for commercial cardholders by providing enhanced data for Amazon Business transactions. For many businesses, reconciling...

Al Rajhi Bank, Saudi Arabia’s second largest bank and the world’s largest Islamic bank, reported a growth rate of 8 percent during 2015- 2018, with 8.9 percent increase in operating income and a 27 percent expansion in the number...