Alan Kline

BankUnited Inc. in Miami Lakes, Fla., opened three new branches on both Florida coasts Monday and now has opened a dozen branches in its home state since Nov. 7.

JPMorgan Chase said it is planning to install roughly 800 automated teller machines at ampm convenience stores/gas stations in California and four other western states.

Aiming to boost its sagging stock price, Hanmi Financial Corp. has completed a one-for-eight reverse stock split that will reduce its number of shares outstanding by 87%, to 31.5 million.

Hudson City Bancorp Inc. said Friday that it has paid down $4.3 billion of high-cost debt in a move the company says will wipe out fourth-quarter profits but boost its net interest margin going forward.

Hampton Roads Bankshares Inc. in Norfolk, Va., has shuffled its management ranks and created several new divisions as it aims to regain its footing after suffering steep losses on real estate loans.

Webster Financial Corp. in Waterbury, Conn., has promoted Chief Operating Officer Gerald P. Plush to president of the company and its Webster Bank subsidiary, effective immediately.

S.Y. Bancorp Inc. in Louisville, Ky., is looking to expand in the Indianapolis market.

Southwest Bancorp Inc. in Stillwater, Okla., has sold off roughly $300 million of problem loans in a move its chief executive said is a major step toward achieving its goal of sustained profitability.

Sturgis Bancorp Inc. in Michigan is suspending dividend payments to shareholders because management believes its strategy for propping up capital ratios by shrinking assets is no longer viable.

Two independent advisory firms are recommending that shareholders at Brooklyn Federal Bancorp Inc. in New York vote in favor of the thrift company's plan to merge with Investors Bancorp Inc. of Short Hills, N.J.

As part of its ongoing effort to shed non-core assets, Citigroup Inc. is selling off its remaining stake in life insurer Primerica Inc.

Activist investor John W. Palmer appears to have won his bid for a seat on the board of the $1.2 billion-asset HF Financial Corp.

U.S. Bancorp in Minneapolis has added two high-profile business leaders to its board of directors.

On the verge of retirement, CEO Gary Base strikes his first-ever deal - and finds his replacement.

The Baltimore law firm Ober Kaler has added longtime banking attorney Andrew F. Campbell to its financial institutions practice.

After reporting a profit of $2.6 million in the third quarter, Pacific Continental Corp. in Eugene, Ore., is projecting a loss in the fourth quarter as result of expected writedowns on certain real estate loans.

Keefe, Bruyette & Woods is advising investors to steer clear of most big banks' stocks in 2012 and invest instead in life insurers, credit card companies and smaller-cap regional banks.

Looking to bulk up in affluent Orange County, California United Bank in Encino announced Friday that it is buying the $450 million-asset Premier Commercial Bancorp in Anaheim for $38.1 million in stock.

Prosperity Bancshares Inc. in Houston has struck its second deal in three months, announcing Friday that it is buying East Texas Financial Services Inc. in Tyler in all-stock deal.

After several years on the sidelines, the Cincinnati regional looks to acquisitions to "deepen density."