McKinsey report finds that the Covid-19 pandemic has accelerated the decline of roles in bank branches
Plus: New chief risk officer at MUFG and CEO at State Employers’ Credit Union
Plus: New CEO at BOK, and appointments at Stride Bank, Oxford Bank, USAA and HSBC
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
