Kristin Broughton

Fifth Third Bancorp of Cincinnati expects to report an $81 million gain in the second quarter after selling shares of payment processing firm Vantiv.

Citi (NYSE: C) has named a new head of its middle-market lending business.

Fifth Third Bancorp (FITB) of Cincinnati expects to report an $81 million gain in the second quarter after selling shares of payment process firm Vantiv (VNTV).

Seacoast Commerce Bank (SCCB) in San Diego has opened a new loan production office in Boise, in an effort to extend its Small Business Administration lending business to Idaho and eastern Washington.

Bank of New York Mellon (BK) has named a president for its corporate trust business.

The payment processing company Total System Services Inc. has hired a new global chief procurement officer.

The payment processing company Total System Services Inc. (TSS) said on Tuesday that it has hired a new global chief procurement officer.

A unit of Sun Trust Banks (STI) has opened a corporate and investment banking office in Boston.

The fleet card provider WEX Inc. has extended its contract to provide private-label and fleet card services for Phillips 66.

California Bank of Commerce (CABC) in Lafayette plans to raise $12 million through a secondary offering.

Bank of America (BAC) has upgraded its mobile banking app. The new version includes a calendar feature that lets customers schedule appointments at local branches.

Young banking customers are more interested in online banking than their older peers, according to a report from financial services consulting group Accenture.

Kalixa has purchased PXP Solutions, a U.K.-based provider of in-store payment technology.

First Business Financial Services (FBIZ) of Madison, Wis., said Friday that it is acquiring the parent company of Alterra Bank in Leawood, Kan., for roughly $30.1 million in cash and stock.

Eastern Virginia Bankshares (EVBS) of Tappahannock, Va., said Thursday that it intends to repay $15 million of its Troubled Asset Relief Program aid by late in the second quarter.

Community 1st Bank (CFBN) of Auburn, Calif., shuffled its executive team on Thursday after re-appointing Robert C. Haydon, the bank president and chief executive officer, as board chairman.

Global Payments Inc. has promoted David Mangum to the role of president and chief operating officer and hired Cameron Bready to succeed Mangum as chief financial officer.

New York banking regulator Benjamin Lawsky said Wednesday his office will investigate claims that Ocwen Financial Corp. (OCN) and other servicers require distressed borrowers to sign nondisclosure agreements in order to receive mortgage modifications.

M&T Bank (MTB) of Buffalo, N.Y., has committed $60 million to keep its name atop the Baltimore Ravens' football stadium for at least another 13 years.

Three big banks on Wednesday announced new community investment initiatives.