Bank News: M&A update, new CEOs, regulators, liquidation error, and no geniuses!
Bank News: M&A update – Santander-Webster deal receives OCC approval, MidFirst Bank will purchase Texas-based Dallas Capital Bank, Michigan-based Isabella Bank Corp. will purchase Grand River Commerce for roughly $54.6MM, Tyson Corner, Virginia-based ODNB Financial Corp. will purchase Washington, D.C.-based National Capital Bancorp for $97.8MM. Robinhood is eliminating 300 employees. Fiserv named its next CEO Takis Georgakopoulos. Mike Lyons leaves Fiserv to become CEO of Truist Bank as of September 1, 2026. Bank analysts have various opinions on what this new hire means for Truist. OCC…
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