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Multi-channel M&A: Where do Branches Fit?

Familiar merger strategies are becoming obsolete as branch networks transition to a more supportive role in retail banking. As the retail banking revenue drought drags on, regional players face growing pressure for another round of merger-based consolidation. Based on a recent Novantas analysis of the U.S. branch system, roughly 16,000 outlets or 18% of the current total, will either need to be closed or reworked within the next three years in order to remain efficient. ...

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