Oconee Financial Corporation acquires Elberton Federal Savings & Loan Association
Oconee Financial Corporation announced yesterday it has completed its acquisition of Elberton Federal Savings & Loan Association (“Elberton Federal”) of Elberton, GA, and its related common stock offering, in a conversion merger transaction, effective July 31, 2023. As a result of the conversion merger, Elberton Federal converted from a mutual savings association to a stock savings association […]
One Rock Capital partners acquires Constantia Flexibles from Wendel
One Rock Capital Partners, LLC today announced one of its affiliates has entered into a definitive agreement to acquire Constantia Flexibles (“Constantia” or the “Company”), a leading global packaging manufacturer, from Wendel, one of Europe’s leading listed investment firms. Constantia is the partner of choice for flexible packaging to more than 4,000 pharmaceutical, food and consumer goods customers. […]
Atomic and eCU Technology enter into Partnership
eCU Technology, a leading provider of innovative solutions for credit unions, announced its partnership with Atomic, a market-leading provider of payroll connectivity. This collaboration creates a seamless and user-friendly account onboarding experience, empowering credit union members to effortlessly switch their payroll deposit accounts with convenience and ease. By joining forces, eCU Technology and Atomic are […]
Vector Capital completes acquisition of Riverbed Technology
Vector Capital, a leading private equity firm specializing in transformational investments in established technology businesses, yesterday announced the successful completion of its acquisition of Riverbed Technology (“Riverbed” or the “Company”), a leading IT solutions provider that delivers secure, seamless digital experiences and accelerates enterprise performance to global organizations. In connection with the close of the […]
Wells Fargo welcomes Dawson Her Many Horses as Managing Director
Wells Fargo announced yesterday that Dawson Her Many Horses, head of Native American Banking, has been named Managing Director. Her Many Horses belongs to the Rosebud Sioux Tribe of South Dakota and is one of the first enrolled tribal members to be promoted to Managing Director at a major U.S. bank. In addition, Her Many […]
Barclays onboards Jack Rabun as senior FIG Investment Banker in the US
Barclays recently announced the appointment of Jack Rabun as a Managing Director and Head of Asset and Wealth Management North America within the Financial Institutions Group (FIG), based in New York. Mr. Rabun has more than 20 years of experience advising asset and wealth management clients. Most recently he was Managing Director, Head of Asset […]
Converge and CMIT Inc. partner to eradicate poverty
A leading fiber broadband provider, Converge ICT Solutions Inc., (PSE: CNVRG) and the primary IT provider for the Philippines’ largest microfinance and microinsurance CARD MRI Information Technology (CMIT), Inc. cemented a partnership to give more than 8.8 million Filipinos seamless access to financial services. CMIT Inc. is a member institution of CARD Mutually Reinforcing Institutions […]
Amilton Oliveira joins Viapol as the new CEO
Viapol, one of the largest manufacturers of chemical solutions for civil construction in Latin America, announces Amilton Oliveira as its new CEO. Ariovaldo Torelli, who held the position since the company’s founding 33 years ago, ends his cycle at the company and is replaced by the executive who was in charge of the company’s financial management. “It is […]
Visa signs an agreement to acquire Pismo
Visa yesterday announced it has signed a definitive agreement to acquire Pismo, a cloud-native issuer processing and core banking platform with operations in Latin America, Asia Pacific, and Europe, for $1 billion in cash. By acquiring Pismo, Visa will be positioned to provide core banking and issuer processing capabilities across debit, prepaid, credit and commercial […]
Carol Hamilton promoted as Chief Product Officer of Provenir
Provenir, a global leader in data and AI-powered risk decisioning software, recently announced the appointment of Carol Hamilton as its Chief Product Officer. Based in Provenir’s London office, Hamilton will be responsible for shaping the company’s global product strategy, overseeing product development and management, and identifying new growth opportunities. She will play a pivotal role […]
