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Formation of Cross River Digital Ventures signals step up in banking sector innovation

BMO Harris Bank’s new premises will cater for mid-market businesses, while Citizens Bank purchases West Virginia branches

Two community banks snapped by Simmons, while Illinois’ Heartland Bank looks to push into Iowa

Meanwhile, TGR Financial to merge with First Foundation and Liberty Bank to acquire Tri-State Bank

Plus: First Bancorp announces Select Bancorp takeover, United Community Banks buys Aquesta, Oconee to merge with Elberton

HSBC’s departure is the result of a “lack of scale to compete”, company says

Plus: Amerant Bank’s mortgage subsidiary makes acquisition; Sterling invests in private credit fintech

Plus: United Community Banks buys wealth manager; Ottawa Savings Bank to convert charter

Pioneer Bancshares acquisition creates combined entity with 60-strong branch network

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