Jack Milligan is editor-at-large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Mr. Milligan directs Bank Director’s editorial coverage and leads its director training efforts. He has a master’s degree in Journalism from The Ohio State University.
Could Bigger Regionals Be the Future of M&A?
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Bank Director’s Acquire or Be Acquired Conference has grown over the years. At the same time, the number of U.S. banks has shrunk, says Jack Milligan, Bank Director’s editor-at-large. The 25 largest banks in the country now control around 71% of total assets, and the four biggest banks have captured the most market share. But while the biggest banks are expected to grow in the years ahead, the landscape also promises more consolidation among midsized banks — making them formidable competitors.