Brian Browdie

Starbuck Bancshares has sweetened the consideration it will pay for PremierWest Bancorp (PRWT) in Medford, Ore.

The Federal Deposit Insurance Corp. has terminated a consent order issued to Saehan Bank (SAEB) in Los Angeles.

First Citizens BancShares (FCNCA) in Raleigh, N.C., is preparing to spend millions of dollars to improve its information technology platform.

First Mariner Bancorp (FMAR) may not keep its name on a local arena but the Baltimore bank will continue to have a popular pitchman.

The Federal Reserve Board has terminated a written agreement with Mountain West Financial (MTWF) in Helena, Mont.

PremierWest Bancorp (PRWT) in Medford, Ore., has granted itself more time to persuade shareholders to approve a takeover by Starbuck Bancshares.

Pan Pacific Bank in Fremont, Calif., has snagged a small business lender from the Bay Area. The $113.3 million-asset bank said Thursday that Ron Barrett was hired as a vice president and manager of government-guaranteed loans.

Gibraltar Private Bank & Trust in Coral Gables, Fla., is in talks with several potential buyers, the South Florida Business Journal reported in its online edition Wednesday.

Nymbol Technology announced Wednesday a suite of processing software.

Though JPMorgan Chase and BB&T are the only big banks to confirm a denial of service attack on Tuesday, roughly a half dozen institutions endured digital assaults at around the same time, according to the security firm Radware.

Director of National Intelligence James Clapper says that cyber threats present a growing threat to financial networks and other critical infrastructure.

JPMorgan Chase (JPM)’s online banking faltered on Tuesday afternoon, preventing customers from logging on to their accounts.

The $2.9 billion-asset parent of BofI Federal Bank said Monday it seeks as much as $50 million for general corporate purposes through the sale of common stock, according to a filing with the Securities and Exchange Commission.

Institutions with at least $10 billion in assets approved 15.9% of loans between $25,000 and $3 million in February, up from 15.3% in January and from 11.7% a year earlier, according to Biz2Credit.

A top Citigroup executive has been named risk manager of the year. Brian Leach, the head of franchise risk and strategy at the nation's third-largest bank by assets, earned the honor, which the Global Association of Risk Professionals bestowed on Tuesday.

The White House is calling on the Chinese government to halt its alleged program of cyber intrusions on U.S. businesses and to discuss diplomatically what constitutes tolerable conduct for both countries in a digital age.

FirstMerit (FMER) has hired a veteran banker to lead its operations in Wisconsin.

The $143.8 million-asset company said Monday it had named Jeffry Wagner to the post. Wagner, who had been CFO at Florida Business Bank in Melbourne, succeeded Richard Browdy, who resigned in February to pursue other career opportunities.

The companies said Monday they will work together to develop new models to help lenders assess the risk of lending to consumers with little to no credit history.

Harland Financial Solutions has added three customers for its core processing platform.