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Mergers & Acquisitions

ChoiceOne Bank hires CFO

ChoiceOne Bank hires CFO

First Republic Bank, 1st Security Bank and KodyPay have also announced senior hires
Morgan Stanley launches education and career equity initiative

Morgan Stanley launches education and career equity initiative

The bank has dedicated $20 million to initiative which seeks to address systemic inequities in education and career outcomes
BMO to acquire Bank of the West for $16.3bn

BMO to acquire Bank of the West for $16.3bn

BNP Paribas subsidiary will add $56 billion of loans and $89 billion in deposits to BMO
JPMorgan fined $125m for ‘widespread’ record-keeping failures

JPMorgan fined $125m for ‘widespread’ record-keeping failures

Guilty of longstanding failures to maintain and preserve communications documents, according to the regulator
Valley Bank Names New President and First Farmers and Merchants Bank Appoints Chairman and CEO

Valley Bank Names New President and First Farmers and Merchants Bank Appoints Chairman and CEO

Plus: Regions Bank appoints financial services group leader
City National Bank Chairman Retires; Heartland Bank Names Market President

City National Bank Chairman Retires; Heartland Bank Names Market President

Plus: Federal Home Loan Bank of Pittsburgh appoints member director and SmartBank names three experienced banking professionals
Simmons Bank and Spirit of Texas Bank to Merge; Valley National Bank Completes Merger with Westchester Bank

Simmons Bank and Spirit of Texas Bank to Merge; Valley National Bank Completes Merger with Westchester Bank

Plus: Mid Penn Bank completes acquisition of Riverview
SVB Private Bank Appoints Head of Relationship Management; National Cooperative Bank Names Acting CEO

SVB Private Bank Appoints Head of Relationship Management; National Cooperative Bank Names Acting CEO

Plus: Manulife appoints board of director and First Bank and Trust announces assistant vice president promotion
Bank of England fined by FDIC

Bank of England fined by FDIC

Bank was in violation of Section 5 of the Federal Trade Commission Act
Simmons Banks and Spirit of Texas Set to Merge Boosting Texas Footprint

Simmons Banks and Spirit of Texas Set to Merge Boosting Texas Footprint

Combined firms will expand into Austin, Houston, San Antonion, Corpus Christi and Bryan-College Station
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