BANKING MERGER

UBS, a big Swiss bank, just said goodbye to Mike Dargan, their top operations and tech boss. He'll leave at the end of 2025. This news comes while UBS is still busy merging with Credit Suisse, a huge and tricky job. Dargan has been with UBS since 2021. He helped a lot with tech and operations. UBS

In a move to boost their market presence, Huntington Bancshares has decided to acquire Cadence Bank. This isn't just any deal; it's a massive $7. 4 billion all-stock agreement. Why are they doing this? Well, regional banks like Huntington are feeling the pressure to grow and compete with the big sho