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Mergers & Acquisitions

Bank of America confirms adoption of banking and investing program

Bank of America confirms adoption of banking and investing program

Financial institution supporting corporate clients to improve financial wellbeing of staff
Appointments round up: Varo Bank names chief product officer

Appointments round up: Varo Bank names chief product officer

Bank of America’s senior VP joins INROADS board and Vista Point Advisors promotes five
Cathay Bank acquires HSBC West Coast

Cathay Bank acquires HSBC West Coast

The deal will add 10 branches to Cathay’s California footprint
People move round up: John Marshall Bank hires banking manager to boost SBA lending

People move round up: John Marshall Bank hires banking manager to boost SBA lending

Pinnacle Bank and Arvest Bank also make senior hires
First Interstate BancSystem acquires Great Western Bancorp for $2 billion

First Interstate BancSystem acquires Great Western Bancorp for $2 billion

The merger will create more than 300 First Interstate Bank locations in 14 states
SEC Reopens Comment Period for Executive Compensation Disclosure Requirements

SEC Reopens Comment Period for Executive Compensation Disclosure Requirements

Proposed rule could strengthen transparency and quality of executive compensation disclosure says SEC chair
US Bank Branch Closures Increase by 38% in 2021

US Bank Branch Closures Increase by 38% in 2021

2,927 bank branches closed last year, as bank customers opted for mobile and digital offerings
New year appointments: Texas Capital Bank, Peoples Bank, First Financial, Cetera

New year appointments: Texas Capital Bank, Peoples Bank, First Financial, Cetera

Former head of Citigroup Wealth Advisors to join Texas Capital in newly-created role
Wells Fargo Appoints Chief Risk Officer

Wells Fargo Appoints Chief Risk Officer

In addition, Nicolet National Bank names chief innovation officer and Trustmark National Bank hires chief risk officer
Citi Sells Consumer Banks in Indonesia, Malaysia, Thailand and Vietnam

Citi Sells Consumer Banks in Indonesia, Malaysia, Thailand and Vietnam

UOB will acquire Citi’s consumer banking franchises in the four countries
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