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Mergers & Acquisitions

The $31 million deal will add locations in four counties across the state
Plus: First Bank to acquire two OceanFirst branches, Bank of Southern California adds Westlake Village premises
Plus: Chicago banking groups Old Second and Finward announce acquisitions
Moody’s warns that President Biden’s executive order on M&A “risks stifling” some US bank mergers
While Finward Bancorp announces merger with Royal Financial
At the end of the day, consumer behaviors drive the biggest change
Data is a huge problem in the financial services industry
$165.6 million transaction will make Tri Counties the biggest community bank in Bakersfield and Kern County
Plus: Wells Fargo hires for commercial banking, Federal Reserve Bank of New York appoints supervision chief
Plus: Colorado-based First Western to buy Rocky Mountain Bank parent
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