Columbia Banking System, the parent company of Columbia Bank, and Umpqua Holdings Corporation, the holding company for Umpqua Bank, have closed their previously announced merger. The all-stock deal, which was announced by the American bank holding companies in October 2021, is aimed at creating one of the largest banks based on the US West Coast […]
Columbia Banking System, the parent company of Columbia State Bank, has signed an all-stock merger deal with rival US banking holding company — Umpqua Holdings Corporation, the owner of Umpqua Bank. The deal is aimed at creating a leading banking group on the West Coast with over $50 billion in assets under management. As per […]
