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Credit Suisse Shares Slide, but Bank’s Balance Sheet Healthy

Credit Suisse Shares Slide, but Bank’s Balance Sheet Healthy

The bank will announce a restructuring plan in the coming days
Citi exits UK as Silicon Valley Bank doubles down

Citi exits UK as Silicon Valley Bank doubles down

UK business being wound down by Citi CEO Jane Fraser as SVB appoints UK board
Southern Missouri to acquire Citizens in $140M deal

Southern Missouri to acquire Citizens in $140M deal

Plus, several other M&A deals have been signed off by regulators
America’s Four Biggest Bank CEOs Face Congress

America’s Four Biggest Bank CEOs Face Congress

Bank of America, Citigroup, JPMorgan and Wells Fargo will face off with Congress this week
Firstrust unveils leadership succession strategy

Firstrust unveils leadership succession strategy

Next year, Timothy J. Abell to become CEO as part of a long-planned succession strategy
Live Oak grows team to support small business

Live Oak grows team to support small business

Plus: Executive appointments at Truist, Provident Bank, WaFd, Comerica
M&A latest: Texas Capital sells insurance business for $3.4B

M&A latest: Texas Capital sells insurance business for $3.4B

Plus: New York’s Gouverneur Bancorp to buy Citizens Bank of Cape Vincent; BankFirst acquires Mechanics Bank
Branch business: Equity Bank sells branch to High Plains Bank

Branch business: Equity Bank sells branch to High Plains Bank

Plus: New locations for Heartland Bank, WesBanco Bank, and Trustar Bank
Illinois banks eye merger to create $5B group

Illinois banks eye merger to create $5B group

HBT Financial and Town and Country Bank to combine, while Virginia’s TowneBank and Farmers Bank also plan a merger
People moves: ABA proposes new board members

People moves: ABA proposes new board members

Plus: C-suite appointments at TowneBank, Heartland Bank & Trust, and Capital City Bank Group

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