Corporate governance

Trabian Technology, which builds digital products and mobile applications, is the latest in a series of technology-related purchases by MVB.

The company would gain 10 branches around Sacramento as part of the $135 million acquisition.

The Connecticut company will have more than 200 branches and $64 billion of deposits after completing the acquisition.

It’s easy — but pointless — to lament the havoc that the economy has wreaked on performance metrics lately. Instead, draw up an opportunistic new plan, urge your employees to focus on execution and worry less about what rivals are doing.

After just 45 days on the job, the Citigroup CEO is jettisoning uncompetitive overseas operations, vowing to ramp up wealth management and touting the long-term importance of the company’s Banamex unit. More moves are on the way, she says.

The Charlotte, N.C., company has shuttered 400 branches in the past year and intends to close nearly 500 more by early 2022. It’s also eliminating office space and reducing headcount as it aims to keep quarterly expenses under $3 billion.

PNC Financial Services Group Chief Executive Bill Demchak said he wants to position the bank to perform in a sector in which smaller firms are disappearing amid a wave of consolidation.

The company will gain seven branches, including one in Richmond, Va., after it acquires Sevier County, which is based in eastern Tennessee.

Net income was boosted by a $1.6 billion release of loan-loss reserves.

The Michigan-based institution has positioned itself for additional growth by making it easier to qualify for membership.