The European Commission has officially blocked the proposed mega-merger between the London Stock Exchange and Deutsche Börse, citing competition concerns.
Private equity group Warburg Pincus has acquired a 35% stake in Avaloq, valuing the Swiss core banking firm at CHF1 billion.
Dutch online discount broker BinckBank has acquired robo-advisory startup Pritle for EUR12.5 million.
The UK's Competition and Markets Authority (CMA) has ordered Diebold Nixdorf to sell one of its customer-operated ATM businesses.
Euronet Worlwide is testing the financial firepower and resolve of Alibaba's Ant Financial unit by outbidding the Chinese behemoth's $13.25 per share offer for US money transfer business MoneyGram International.
Private equity group Vista has sealed a C$4.8 billion deal to acquire Canadian financial software house DH Corp and merge it with fellow portfolio company Misys.
BankMobile, a digital banking startup for millennials and the underbanked, is being sold by parent Customers Bank to Florida-based Flagship Community Bank for $175 million in cash.