Chris Cumming

OptimumBank Holdings (OPHC) in Fort Lauderdale, Fla., can keep listing its shares on the Nasdaq now that a reverse stock split has brought the stock above the exchange's minimum price.

Banks will have to scrutinize their relationships with consultants, brace for the possibility of a wave of regulation of consulting practices and have backup plans in case a key advisor ever receives a punishment like the one New York state dealt Deloitte.

The $804 million-asset bank will offer as many as 1.45 million shares to the public at $14.25 a share, which could produce as much as $20.7 million.

Cambridge Savings Bank in Massachusetts has hired new chief financial and marketing officers.

People's Utah Bancorp in American Fork is buying Lewiston Bancorp in Lewiston, Utah.

In the first case of a state taking on bank consultants, New York regulators have banned Deloitte Financial Advisory Services from financial consulting for one year.

Small-business owners are feeling more bullish about the economy than they have in three years, a new Citigroup (NYSE: C) study has found.

M&T had delayed plans to buy Hudson City Bancorp because of the Federal Reserve's compliance concerns, and an order made public Tuesday details what the Buffalo, N.Y., company has to fix.

Ellie Mae (ELLI) has upgraded its mortgage management system, Encompass360, to include over 200 new features.

The $56 billion-asset company is offering auto loans in all six New England states, it said Monday. Its Connecticut auto-lending team, working out of a Massachusetts office, has signed up a number of the state's roughly 140 new-car franchise dealers.

Heritage Commerce (HTBK) in San Jose, Calif., plans to redeem $9 million of debt and exit the Troubled Asset Relief Program.

Bank of Botetourt in Buchanan, Va., has chosen Fiserv's account-processing system to use along with the vendor's online banking, bill payment, mobile banking and remote deposit capture offerings, Fiserv said.

NewBridge Bancorp (NBBC) in Greensboro, N.C., is acquiring a cash-strapped mutual at the behest of state regulators.

The $1.2 billion-asset company paid $540,000 to repurchase the warrant it issued the Treasury Department in December 2008, Hawthorn said Thursday.

The Office of the Comptroller of the Currency has lifted a regulatory order that had been imposed on a unit of MetroCorp Bancshares in Houston.

Four Corners Community Bank in Farmington, N.M., has agreed to buy Citizens State Bank of Cortez in Colorado.

The private equity firm Milestone Partners has sold Mariner Finance, a former division of Baltimore's First Mariner Bancorp.

United Community Financial in Youngstown, Ohio, has raised $5 million of capital and announced plans to reshuffle the executive team at its bank.

Royal Bank of Scotland Group Chief Executive Stephen Hester is leaving the company later this year.

Australia's Commonwealth Bank has launched an online retail banking support forum.