BancorpSouth, Cadence Bancorporation on verge of wrapping up merger deal

BancorpSouth, Cadence Bancorporation on verge of wrapping up merger deal

BancorpSouth Bank and Cadence Bancorporation, the parent company of Cadence Bank, have secured the final approval for their previously announced merger, which has come from the US Federal Deposit Insurance Corporation (FDIC). The approval from FDIC follows approvals by the Mississippi Department of Banking and Consumer Finance and shareholders of both the bank holding companies. […]