Alan Kline

MB Financial Inc. in Chicago is looking to looking rid itself of its asset-quality problems in one fell swoop.

Ally Financial Inc. apparently will wait for the slumping stock market to recover before pursuing an initial public offering.

Having already raised $50 million in fresh capital this year, Seattle Bank announced this week that it has received another $12 million from investors that its chief executive officer said the once-ailing bank would use to accelerate its growth plan.

MB Financial Inc. in Chicago is looking to looking rid itself of its asset-quality problems in one fell swoop.

Washington Federal Inc. in Seattle is raising its profile in New Mexico with a deal to acquire six branches and $253 million of deposits from Charter Bank in Albuquerque.

Two weeks after striking a deal to buy Capitol Bancorp's Seattle unit, AmericanWest is moving into the California market with a deal for Capitol's Sunrise Bank in San Diego.

U.S. Bank in Minneapolis announced Thursday that it has named Kurt Adams as head of its Corporate Payments Systems unit, replacing Robert Abele, who is retiring at the end of June.

The board of directors at Community Partners Bancorp in Middletown, N.J., has elected Frank Patock as chairman of both the company and its bank subsidiary, Two River Community Bank.

Washington Federal Inc. in Seattle is raising its profile in New Mexico with a deal to acquire six branches and $253 million of deposits from Charter Bank in Albuquerque.

Global banking giant Barclays PLC announced Tuesday that Archibald Cox Jr. will step down as chairman of Barclays Americas at the end of this month to pursue other interests.

Kay M. Hoveland has notified the board of the $900 million-asset Kaiser that she plans to retire as the CEO of the thrift and president and CEO of its holding company, Kaiser Federal Financial Group Inc. Hoveland also plans to resign from the bank's board.

Signaling its intention to continue growing in Florida, Stearns Bank in St. Cloud, Minn., has named veteran banker Tramm Hudson as the president of its Florida operation.

Payments provider eWise Group Inc. said Tuesday that it has raised $14 million in venture-capital money that it will use to help finance its expansion in the United States and the United Kingdom.

Sandler O'Neill & Partners is lowering its second-quarter and full-year earnings estimates for three of the nation's four-largest banking companies due largely to concerns about declining trading revenues.

The only CEO in the history of Kaiser Federal Bank in Covina, Calif., is stepping down at the end of this month.

Signaling its intention to continue growing in Florida, Stearns Bank in St. Cloud, Minn., has named veteran banker Tramm Hudson as president of its Florida operation.

Striking its second deal in three months, Opus Bank in Irvine, Calif., said it is buying the $682 million-asset RMG Capital of Fullerton, Calif., for $50 million in cash.

Bank stocks fell sharply Monday on concerns that the economic recovery has stalled and that the largest banks could be required to hold more capital under new international capital standards.

Johnson Bank in Racine, Wis., has a new chief executive officer for the second time in less than six months.

Upstart Opus Bank in Irvine, Calif., is embarking on an ambitious branch expansion plan to go along with is acquisition of a Seattle-area bank.