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These regulatory announcements in the banking industry are currently open to public comment.
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The Georgia-based bank plans to hire 85 relationship managers over the next three years to support growth in commercial and middle-market lending and private wealth. "The biggest risk is not being able to hire the bankers," said CEO Kevin Blair.
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Data breaches in 2024 exposed billions of records, impacting financial firms, banks and consumers alike.
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The bank ends the year with a substantially different profile from early 2024, which brought new leadership, a significant reduction to its mortgage operations and a corporate rebrand.
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The combination would create a Northeast regional bank with nearly $24 billion of assets. It would rank as the eighth-largest bank in the Boston metropolitan area by deposit market share.
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The unprecedented number of deals came in a year when banks struggled to find merger partners in their markets.
8h ago
October 25, 2005, 1:00 a.m. EDT 1 Min Read
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