Bank of America to Acquire Up to 49.9% of Jio Credit Limited via JV With Jio Financial Services

Scotiabank Plans to Fully Acquire Scotia Group Jamaica Limited

June 12, 2026

Financial Services

Scotiabank has proposed to acquire all shares of Scotia Group Jamaica Limited (SGJL) that it does not currently own, moving the business to a wholly owned privately held entity. The deal will be structured as a court-approved Scheme of Arrangement in Jamaica, with expected closing in the fourth calendar quarter of 2026 subject to court approval and minority shareholder approval.

OppFi Acquires BNCCORP and BNC National Bank for $130 Million

April 29, 2026

Financial Services

OppFi signed a definitive agreement to acquire BNCCORP Inc. and its wholly owned subsidiary, BNC National Bank, for approximately $130 million in a cash-and-stock transaction. The deal is expected to close in Q4 2026, subject to stockholder and regulatory approvals, and will combine OppFi’s digital lending platform with BNC’s national bank charter and deposit base.

Bain & Company Acquires JJC FinTech

February 9, 2026

Consulting

Bain & Company has acquired London-based JJC FinTech, a boutique financial services consulting and technology firm specializing in client lifecycle management (CLM) and anti-financial crime (KYC/AML). The deal enhances Bain's capabilities to deliver end-to-end CLM, KYC and AML transformations for financial institutions, combining Bain's strategy and digital strengths with JJC's hands-on implementation expertise.

Fiserv Acquires Remaining 49.9% Stake in AIB Merchant Services

September 5, 2025

Payments & Fintech

Fiserv agreed to acquire the remaining 49.9% of AIB Merchant Services (AIBMS), its joint venture with AIB Group, to move to sole ownership. The deal supports Fiserv’s continued European growth and expanding Clover point-of-sale adoption across the region.

U.S. Bancorp to Acquire MUFG Union Bank’s Core Regional Banking Franchise

September 16, 2022

Financial Services

U.S. Bancorp agreed to acquire MUFG Union Bank's core regional banking franchise from Mitsubishi UFJ Financial Group. The deal is designed to deepen U.S. Bank’s West Coast footprint, expand customer access to technology and services, and includes a five-year $100 billion community benefits plan. U.S. Bancorp has received all required U.S. regulatory approvals and expects to close before the end of 2022, pending Japanese regulatory approval and other closing conditions.

Mitsui & Co. (U.S.A.) Acquires 87.5% of Affiliated Financial Corporation and BayQuest Capital Corporation

May 1, 2007

Financial Services

Mitsui & Co. (U.S.A.), Inc., a wholly owned subsidiary of Mitsui & Co., Ltd., signed definitive agreements to acquire a 87.5% majority interest in Affiliated Financial Corporation and BayQuest Capital Corporation (collectively "AFC"), a Sunrise, Florida-based auto finance and servicing group. The founder, Douglas J. Jacobs, and other individual shareholders will retain minority stakes and Jacobs will remain President & CEO; the deal is subject to regulatory review and financing arrangements. AFC purchases, sells, securitizes and services retail automobile installment contracts originated by franchised and select independent dealers across approximately 40 states and serves as a financing source for more than 4,000 dealerships.