Alan Kline

CenterState Banks Inc. in Davenport, Fla., has sold off a chunk of nonperforming loans in a deal that it says would free up capital that it could use for future expansion.

Richard M. Riccobono, the former chief executive at the Federal Home Loan Bank of Seattle and one-time deputy director at the Office of Thrift Supervision, has landed a new job as the chief banking regulator in Washington State.

Cash-strapped Santa Lucia Bancorp in Atascadero, Calif., has called off its plan to raise capital through a stock offering because it has found a buyer instead.

Just days after abruptly resigning from Citigroup's board, Jerry Grundhofer has emerged as the likely candidate to succeed Gabriel Jaramillo as chairman as of Sovereign Bank.

Hanmi Financial Corp.'s on-again, off-again relationship with South Korean banking giant Woori Finance Holdings Co. is back on again.

Citigroup Inc. announced late Friday that former U.S. Bancorp Chairman Jerry A. Grundhofer has resigned from its board of directors, effective immediately.

Citigroup Inc. announced late Friday that former U.S. Bancorp Chairman Jerry A. Grundhofer has resigned from its board of directors, effective immediately.

MB Financial Inc. in Chicago is selling the bulk of its problem real estate and construction loans to a California investment group that has been an active acquirer of failed-bank assets.

A major investor in Meta Financial Group has grown impatient with the company's sagging stock price and is urging the Storm Lake, Iowa, bank holding company to sell itself.

A major investor in Meta Financial Group has grown impatient with the company's sagging stock price and is urging the Storm Lake, Iowa, bank holding company to sell itself.

CSB Bancorp in Millersburg, Ohio, announced Friday that it is acquiring two branches in Wooster, Ohio, from Premier Bank & Trust.

MB Financial Inc. in Chicago is selling the bulk of its problem real estate and construction loans to a California investment group that has been an active acquirer of failed-bank assets.

Rejected by the Office of Thrift Supervision in its bid to become a 100% stock-owned company, New Jersey mutual holding company Clifton Savings Bancorp is taking its chances with its new regulator, the Office of the Comptroller of the Currency.

Regions is integrating its trust, private banking and insurance units into a wealth management division; U.S. Bancorp goes green on its (tax) credits; and more.

Synovus Financial Corp.'s shares fell Thursday after an analyst downgraded the stock amid concern that the Columbus, Ga., company might need to raise additional capital to repay the $968 million it received from the Treasury Department's Troubled Asset Relief Program.

Regions Financial Corp. in Birmingham announced Thursday that it is combining its trust, private banking and insurance units into a newly created wealth management division that will be headed by former regional president Bill Ritter.

After three years of widespread credit tightening, U.S. banks appear to be relaxing their underwriting standards somewhat, according to a survey of bank examiners released Thursday by the Office of the Comptroller of the Currency.

First PacTrust Bancorp Inc. in Chula Vista, Calif., is looking to raise up to $30 million in fresh capital that it could use to support its growth.

Rejected by the Office of Thrift Supervision in its bid to become a 100% stock-owned company, New Jersey mutual holding company Clifton Savings Bancorp is taking its chances with its new regulator, the Office of the Comptroller of the Currency.

BBVA Compass is in the early stages of developing a mobile-banking application for the BlackBerry PlayBook tablet. The Birmingham, Ala., unit of Spanish banking giant Banco Bilbao Viscaya Argentaria previewed a version of the application on Tuesday at the Future of Mobile Banking Conference in London.