Cookies & Privacy

We use essential cookies to make our site work. With your permission, we’ll also use analytics and marketing cookies to improve your experience. You can change your choice anytime.

See our Privacy Policy for details.

Manage preferences
Back to Industry News
Fintech

Huntington to Trim Cadence Staff After $7.4 Billion Acquisition

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Reuters
TL;DR

Huntington Bancshares will reduce Cadence Bank's staffing after acquiring it for $7.4 billion. This acquisition is anticipated to expand the Ohio-based Huntington's market presence in the banking sector. Following its $7.4 billion acquisition of Cadence Bank, Huntington Bancshares plans to reduce staffing levels at Cadence. The acquisition is expected to significantly expand the Ohio-based lender's market presence.

Key takeaways

  • 4 billion acquisition of Cadence Bank, Huntington Bancshares plans to reduce staffing levels at Cadence
  • The acquisition is expected to significantly expand the Ohio-based lender's market presence
Following its $7.4 billion acquisition of Cadence Bank, Huntington Bancshares plans to reduce staffing levels at Cadence. The acquisition is expected to significantly expand the Ohio-based lender's market presence.

Related Topics

Huntington BancsharesCadence Bankacquisitionjob cutsbankingfinancial services

Want coverage like this for your company?

Local & industry wins build trusted proof, SEO/geo signals and prime national editors.

Check fit (2 min)

Is this your company?

Set up real-time alerts and keep your Heartspace News coverage accurate. Verified teams can update profiles, request corrections, and collaborate on future stories.

Want to turn mentions into momentum? Find your best path with the Fit Checker. Verified profiles receive a free consult.

Set up alerts Takes under 1 minute • Free to claim

Share Your Thoughts

(0 comments)

Be the first to share your thoughts on this article!

Stay Updated

Create alertsRead original