Chris Cumming

Porter Bancorp (PBIB) in Louisville, Ky., will replace its chairman and chief executive at the end of this month.

The Federal Reserve Board has terminated enforcement actions with Royal Bancshares of Pennsylvania in Narberth and First Pryority Bank in Pryor, Okla.

Carlyle Group is selling off the last of its stake in Boston Private Financial Holdings (BPFH).

Signature Bank in New York reported its 15th consecutive quarter of record profits as its loan revenue rose substantially.

FirstMerit (FMER) in Akron, Ohio, reported higher second-quarter profit after completing its acquisition of Citizens Republic Bancorp.

Improved credit quality pushed up quarterly profit at TCF Financial Corp. in Wayzata, Minn., despite declines in interest and fee revenue.

A legal-support firm under investigation by the Consumer Financial Protection Bureau is accusing the CFPB of overstepping its bounds in demanding personal information about the firm's clients.

Gateway Mortgage Group has chosen Fiserv's mortgage servicing platform to improve its ability to mitigate losses.

Customers Bancorp in Wyomissing, Pa., has begun a $25 million debt offering.

The chief operating officer at BBCN Bancorp in Los Angeles is stepping down.

Bank of Hawaii in Honolulu reported a slide in quarterly earnings as lending income fell.

The $1.6 billion-asset company reported Friday that it earned $2.8 million in the second quarter, up 6% from the same period in 2012.

First Horizon National Corp. in Memphis missed second-quarter profit estimates as its lending and fee income slid.

The Federal Reserve Board has levied a fine against Minster Bank in Ohio and freed a Missouri company from an enforcement action.

Online outrage this week over low wages at McDonald's has drawn in Visa, the processor of its payroll cards. The criticism comes as the cards in general and McDonald's version in particular are drawing mounting scrutiny for the fees they charge workers.

Shares of City National Corp. in Los Angeles rose Friday after it beat its earnings estimates on strong wealth management income.

First Niagara Financial Group (FNFG) in Buffalo, N.Y., met quarterly earnings estimates as its lending income ticked up and margins widened.

Washington Federal (WAFD) in Seattle has agreed to buy 51 branches from Bank of America (BAC).

Quarterly profits at Huntington Bancshares (HBAN) in Columbus, Ohio, dipped slightly on declining loan revenue, but still beat analysts' estimates.

Profits at Republic Bancorp (RBCAA) fell in the second quarter as the Louisville, Ky., company continues to suffer from the loss of its lucrative tax-refund anticipation loan program.