Chris Cumming

The Winston-Salem, N.C., company said Wednesday that it agreed to buy 21 Citibank branches in Texas, along with $1.2 billion in deposits and $134 in loans.

BB&T (BBT) in Winston-Salem, N.C., has added its top lawyer to its executive management team.

Joseph Lucarelli was elected by the $4.5 million-asset company's board to serve a one-year term starting Jan. 1, the company said in a regulatory filing Tuesday.

JPMorgan Chase pressured customers to repay debts they did not owe, sold collections agencies rights to credit card accounts that had been extinguished in bankruptcy and tolerated frequent errors by its third-party collections attorneys, according to a lawsuit filed by Mississippi Attorney General Jim Hood on Tuesday.

Keith Darcy, longtime head of the Ethics & Compliance Officer Association and former director of E-Trade Bank and New York National Bank, has joined Deloitte's compliance group as a senior advisor.

Discover Financial Services has joined the Fast Identity Online Alliance, or FIDO, a group of companies working to develop new standards for online authentication.

Discover Financial Services (DFS) has joined the Fast Identity Online Alliance, or FIDO, a group of companies working to develop new standards for online authentication.

Amalgamated Bank of Chicago has named David Knopp its next president.

The mortgage technology firm Capsilon has improved a product to allow banks to transfer loans to financial firms and government-sponsored entities, it said Tuesday.

Union First Market Bancshares (UBSH) in Richmond, Va., plans to remake its board and expand its executive team after acquiring StellarOne (STEL) in Charlottesville, Va.

LNB Bancorp (LNBB) in Lorain, Ohio, has sold $3.7 million of stock as part of a plan to exit the Troubled Asset Relief Program.

M&T Bank's (MTB) long-delayed purchase of Hudson City Bancorp (HCBK) could be held up until the end of 2014.

Next year will be mixed bag for automobile lenders, with both delinquency rates and loan balances expected to rise, according to a forecast released Monday by the credit bureau TransUnion.

New York State's crackdown on online lenders has ensnared a Chicago company that makes loans backed by a borrower's car.

Urban Partnership Bank in Chicago is selling a branch, has launched an online banking platform and has made an unusual offer to customers.

Sierra Bancorp (BSRR) in Porterville, Calif., has tapped Kevin McPhaill to be its president and chief executive-in-waiting.

Zions Bancorp (ZION) said the Volcker Rule will force it to take a $387 million charge on its portfolio of collateralized debt obligations.

Victory Bancorp in Limerick, Pa., and Huntingdon Valley in Warminster have agreed to a merger of equals.

The credit union servicer Co-Op Financial Services has introduced a program that makes it easier for members to make charitable contributions.

Malvern Bancorp (MLVF) in Paoli, Pa., took an $18.8 million loss in the quarter that ended Sept. 30 after selling a batch of bad loans for a loss.