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Former head of Citigroup Wealth Advisors to join Texas Capital in newly-created role

In addition, Nicolet National Bank names chief innovation officer and Trustmark National Bank hires chief risk officer

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

Transaction expected to complete in the first half of 2022

The Federal Reserve has finalized a rule to automate non-merger-related adjustments to member banks’ subscriptions

Archie Brown has been president and CEO of First Financial Bank since 2018

The merger will create a company with total assets of approximately $3.3 billion

Decision is part of a wider strategic refresh

2021 saw several US banks announce new transactions despite simmering regulatory pressure

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