Jacob Passy

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.

Indian mobile commerce company Paytm plans to test ultrasonic sound waves for mobile payments.

The Minneapolis bank has promoted longtime executive Andrew Cecere to president, a title held by Chairman and CEO Richard Davis for more than a decade.

Legal costs and a tax credit impairment during the fourth quarter at First Horizon National in Memphis, Tenn., offset loan growth and a rise in fee income.

First Midwest Bancorp in Itasca, Ill., plans to close branches and sell unwanted real estate as customers shift to online banking.

First Data has unveiled Clover Go, a new EMV-enabled card reader for mobile devices and the latest device in its Clover mobile point of sale product line.