Jacob Passy

People's United Financial in Bridgeport, Conn., rode the sale of its payroll services business to a higher profit in the fourth quarter.

BankUnited in Miami Lakes, Fla., reported a double-digit percentage increase in fourth-quarter profit, citing growth in loans and fee income.

Webster Financial Corp. in Waterbury, Conn., said loan growth and higher returns from its HSA Bank subsidiary helped its fourth-quarter profit rise 4.5% year over year, to $50.6 million.

Starbucks has integrated its mobile pre-ordering and payment feature into its Android app in the U.K.

Fifth Third Bancorp has hired insurance industry veteran Howard McClure as head of insurance services, a newly created position at the Cincinnati company.

WestStar Bank in El Paso, Texas, has new leadership after the retirement of Larry Patton, its president and chief executive.

United Community Banks in Blairsville, Ga., reported little change in its fourth-quarter profit, as costs from its acquisition of Palmetto Bancshares ate into lending revenue and fee income.

Pinnacle Financial Partners in Nashville, Tenn., has agreed to buy a bigger stake in Bankers Healthcare Group in Southwest Ranches, Fla.

JPMorgan Chase will provide $75 million for the creation of a career and technical education program to address youth unemployment.

Fulton Financial in Lancaster, Pa., reported a slight increase in its fourth-quarter profit as strong fee-income growth helped to offset a decline in its net interest margin.