Plus: Promotions and new presidents at Surrey Bancorp and Embassy National Bank

Russia-Ukraine war has shown tail risks are not independent of each other, Michael Hsu warns

Needham Bank acquires Cannabis Banking, while merger completion date announced by Citizens Financial Group and Investors Bancorp

Public comments are requested regarding the proposed statement of principles

Plus: Promotions at Northrim, Gateway First, and SchoolsFirst FCU

Many Americans are preparing for a digital financial future, research shows, while a California bank is using bitcoin as loan collateral

Plus: QCR’s acquisition of Guaranty Federal and TriCo Bank’s merger with Valley Republic Bank are nearing completion

M&A has been under scrutiny since President Joe Biden took office last year

The combined bank will have $5.2 billion in assets and 66 locations across Ohio and Pennsylvania

Ruling will block credit unions and other non-bank entities from banking M&A