Jacob Passy

South State in Columbia, S.C., has agreed to buy 13 Bank of America branches in South Carolina and Georgia.

Fulton Financial in Lancaster, Pa., reported lower first-quarter profit on a decline in net interest income and higher expenses.

International payments provider Currency Cloud has opened offices in New York, bringing the company into the U.S. market.

Arrow Financial in Glens Falls, N.Y., reported a double-digit profit increase in the first quarter as strong loan growth in its three major business lines helped to offset flat noninterest income and higher expense.

S&T Bancorp in Indiana, Pa., reported better-than-expected earnings in the first quarter as income from loans it inherited in its acquisition of Integrity Bancshares helped to offset higher merger-related expenses.

Cost and margin pressures drove down quarterly profits at Regions Financial in Birmingham, Ala.

A pair of senior banking analysts has left Sterne Agee to join Piper Jaffray. Mathew Kelley and Matthew Breese will oversee Piper Jaffray's equity research for depository institutions in the Northeast.

Chemical Financial has retooled its organizational structure as part of the Midland, Mich., company's succession planning.

M&T Bank in Buffalo, N.Y., reported an increase in its first-quarter profit on the strength of higher mortgage banking revenue, but its results fell well short of analysts’ estimates as loan growth failed to meet expectations.

Coastal Financial and Prime Pacific Financial Services, each based in Snohomish County, Wash., have agreed to merge.

Sanford Weill is set to receive the Carnegie Hall Medal of Excellence at a May gala.

MasterCard has joined forces with celebrity chef Marcus Samuelsson to deploy its Qkr app at the product's first restaurant location in the United States.

People's United Financial in Bridgeport, Conn., reported higher first-quarter profit on higher lending fees and gains on the sale of loans.

Webster Financial in Waterbury, Conn., reported lower first-quarter profit as costs from adding personnel and an acquisition weighed on results.

Home BancShares in Conway, Ark., reported higher first-quarter profit and assets after it acquired branches and loans from the failed Doral Bank in Puerto Rico.

Umpqua Holdings in Portland, Ore., posted lower profit from a quarter earlier, largely reflecting a decline in net interest income.

IF Bancorp in Watseka, Ill., has selected the successor for its retiring president and chief executive.

MetaBank has teamed up with Univision Communications, a media company serving Hispanic Americans, to become another issuer of its prepaid card.

Boston Private Financial Holdings and its bank have shuffled some key executive posts.

ProPay has added MasterPass, MasterCard’s digital wallet, to its merchant services.