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Mergers & Acquisitions

Plus: Riverview Bank CEO placed on administrative leave; Sandy Spring Bank names head of new consumer unit
Private equity companies to provide $400 million of financing for the deal
Musk is a risk taker, but has also had the patience to bring about dramatic change over a long period of time
The troubled bank has abandoned a planned equity placement but its new leaders are positive on the future
The United States has more banks than most of the rest of the world combined
United Community Banks has completed its merger with First Miami Bancorp
The tremors from the collapse of Silicon Valley Bank generated a seismic wave that criminals can ride
Piedmont Financial has proposed to buy fellow NC bank Wake Forest in a $37 million deal
Plus: Fresh faces in the C-suite at Exchange Bank, Bank of Texas, Royal Business Bank, Merchants & Marine Bank
Dozens of financial centers planned in four new states and other markets, bucking the branch closure trend
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