Jacob Passy

Wells Fargo has ended its sponsorship of the National Basketball Association's Charlotte Hornets.

Bank of the Orient in San Francisco has received a federal cease-and-desist order because of shortcomings in its compliance with anti-money-laundering rules.

London-based Currency Cloud has closed out a Series C funding round, attracting $18 million from new and existing investors.

The big bank has taken heat from social conservatives about its TV advertisement featuring a same-sex couple adopting a child, but Wells executives say the ad is part of a larger campaign that embraces the many demographic groups in its customer base.

ChoiceOne Financial Services in Sparta, Mich., has tapped a new president as it splits the role from chief executive.

Nonbank lender HomeBridge Financial Services has lifted the curtain on a new mortgage platform aimed at community banks and credit unions.

Access National in Reston, Va., said Chairman James "Ted" Jadlos resigned to focus on a mortgage-related business.

JPMorgan investment banker Jimmy Lee was widely eulogized as a legendary networker and bright spirit this week, but American Banker also remembers him as a builder and defender of the hotly debated universal-banking model.

First Republic Bank in San Francisco has agreed to purchase Constellation Wealth Advisors for about $115 million.

The payment processor Total System Services (TSYS) has promoted a longtime employee to head up its North America consumer, commercial and health care lines of business.