Four Regions Bank and two Merrill Lynch Wealth Management workers cannot return to the industry after combined near-$90k coronavirus loans fraud

The strategic purchase serves to accelerate the company’s growth in the lucrative Rocky Mountains region

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