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How will the acquisition affect Mr. Jones areas of focus as CEO of Compass Bank?

April 26, 2017acquisition affect areas Bank CEO compass focus Jones Mr

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How will the acquisition affect Mr. Jones areas of focus as CEO of Compass Bank?

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A. The most immediate challenge following the close of the transaction will be the consolidation of the three Texas-based banks owned by BBVA with Compass Bank. The consolidation of these three banks will essentially double Compass’ presence in Texas in terms of both the number of full-service banking centers and total deposits. Jones will lead the consolidation effort in addition to his regular responsibilities as CEO of Compass Bank.