Kristin Broughton

Wilshire Bancorp (WIBC) in Los Angeles reported an increase in quarterly profit tied largely to recent acquisitions.

Washington Trust in Westerly, R.I., rode gains in its lending portfolio and lower operating expenses to a higher second-quarter profit.

Peoples Bancorp (PEBK) in Newton, N.C., reported higher earnings in the second quarter than a year earlier thanks to a stronger loan portfolio.

Monitise, an e-commerce firm in London, said on Monday that it has expanded its mobile banking partnership with IBM. The announcement comes less than a week after IBM signed a partnership with Apple to create business apps for iOS devices.

Aided by gains from a recent acquisition, Simmons First National (SFN) in Pine Bluff, Ark., reported a $9.9 million profit in the second quarter, a 51% increase from the same period last year.

The government hit JPMorgan Chase hard in its mortgage settlement last year, but that history did not stop President Obama from using a JPMorgan credit card to purchase barbecue after a recent economic speech in Texas.

First Interstate BancSystem (FIBK) in Billings, Mont., will close eight branches after it acquires Mountain West Financial (MTWF) in Helena, Mont.

Billtrust, a provider of outsourced billing services, has acquired Open Scan Technologies, an automated business payments company.

WEX, a corporate payments company, has closed its acquisition of Evolution1, a Fargo-based firm that produces software to manage health care transactions.

First National Bank of Green Forest in Arkansas has chosen a new name but kept it in the family, so to speak. The $347 million-asset bank will rebrand itself as Anstaff Bank, a blend of the names of its two founding families, Anderson and Stafford.

Ocwen Financial (OCN) has created a community advisory council to address the needs of distressed borrowers amid regulatory scrutiny of the mortgage servicer.

Vantage Bancorp in San Antonio has agreed to buy Medina Bankshares in D'Hanis, Texas.

Western Union (WU) has appointed Robert W. Selander, former chief executive of MasterCard (MA), to its board of directors.

Western Union has appointed Robert W. Selander, former chief executive of MasterCard, to its board of directors. Additionally, Western Union named Raj K. Agrawal, the company's interim chief financial officer, as permanent CFO and executive vice president.

First Republic Bank (FRC) in San Francisco reported higher earnings for the second quarter, as strong revenue growth helped offset a rise in compliance costs.

The Virginia and West Virginia bankers associations have intensified merger discussions and could combine into a single trade group by year's end, according to a report Tuesday from Richmond BizSense.

Comerica (CMA) in Dallas reported higher earnings for the second quarter thanks heavily to savings on salary-related expenses.

First Data Corp. has added technology from Perka, its customer loyalty subsidiary, to its Clover Station point of sale tablets. This is the latest of several updates First Data has made to boost the appeal of its Clover offering.

Independent Bank in McKinney, Texas, is planning to raise capital by issuing debt.

Wintrust Financial (WTFC) in Rosemont, Ill., reported higher quarterly earnings as income from loan growth offset lower fee revenue.