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Mergers & Acquisitions

Merger with TFC opens up new opportunities and recruitment drive
Move will see SouthPoint extend franchise into Cullman and Marshall counties
Truist reveals senior leadership roles including CEO and CFO, following merger
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
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