Jacob Passy

PacWest Bancorp in Los Angeles announced Tuesday that Chief Financial Officer Victor Santoro plans to retire from the post this summer and West Coast banking veteran Patrick Rusnak will succeed him in that role.

Sound Financial Bancorp in Seattle has selected a former Fannie Mae executive to join its board.

MBank in Gresham, Ore., has decided to cease providing banking services to the marijuana industry, just one year after it began serving such clients.

Commerce Bancshares in Kansas City, Mo., said Monday that first-quarter profits fell 5% from a year earlier, to $61.1 million, as net interest income fell and expenses rose.

YapStone has named technology and payments systems veteran Daniel Issen as its new chief technology officer.

Papa John's is integrating its mobile and online checkout process with Venmo, a PayPal-owned system that fuses mobile and social networking to enable person to person payments.

Synovus Financial in Columbus, Ga., has a new chief executive for its Tallahassee State Bank: Matt Brown, who had been a market president at Centennial Bank.

Wells Fargo in San Francisco and a unit of Blackstone Group have agreed to buy commercial real estate loans held by GE Capital in transactions valued at $23 billion.

Citigroup's head of franchise risk and strategy, Brian Leach, will retire on May 1, according to memos sent to Citi employees Thursday from him and company chief executive Michael Corbat.

Mitsubishi UFJ Financial Group, in a major break with tradition, has tapped a former UBS Group executive as its first non-Japanese president and chief executive for its American division.

Financial Institutions Inc. in Warsaw, N.Y., has begun a $35 million debt offering to help fund growth.

Community First Bank in Seneca, S.C., has overhauled its executive management team, including naming new chief executive, financial and credit officers.

Regions Bank in Birmingham, Ala., has hired a former SunTrust Banks executive to join its wealth management group.

Millennials are leading the rest of the country in their use of prepaid cards, according to a new study from TD Bank.

Grayson Hall, chief executive at Regions Financial in Birmingham, Ala., will serve as the private sector chairman for the Southeast U.S.-Japan Association's joint forum.

Four Oaks Fincorp in North Carolina has a new president.

An "unexpected" regulatory delay has forced M&T Bank in Buffalo, N.Y., and Hudson City Bancorp in Paramus, N.J., to delay their merger for the fourth time.

Orrstown Financial Services in Shippensburg, Pa., and its bank have been released from all outstanding enforcement actions.

CenterState Bank used April Fools' Day to unveil a fake #GreedTogether campaign that mocks Starbucks, McDonald's and the banking industry, promising ridiculous cash-back rewards and clothing printed with pictures of cash.

The $5 billion-asset company said in a press release Tuesday that Gail Ball recently served as head of the payment studies group at the Federal Reserve Bank of Richmond.