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Payments giant Mastercard is reportedly set to acquire crypto infrastructure firm Zerohash in a deal valued at up to $2 billion, signaling a major push into stablecoins.
Huntington Bank has agreed to acquire Cadence Bank for $7.4 billion, a deal that expands its operations into 21 states across the South and Texas.
Nicolet National Bank has agreed to acquire MidWestOne Bank in an all-stock transaction valued at $864 million, creating a combined bank with $15 billion in assets.
Coinbase and Mastercard are reportedly in advanced talks to acquire BVNK, a UK-based fintech firm specializing in stablecoin infrastructure, for $1.5 billion to $2.5 billion.
Dubuque Bank & Trust, now part of UMB Financial Corporation, is laying off 38 employees in Dubuque, Iowa. The layoffs follow an acquisition earlier this year.
