Lalita Clozel

Bank of America plans to lay off about 200 employees in global banking and markets, the Wall Street Journal reported Tuesday.

Ameris Bancorp in Moultrie, Ga., plans to close 10 branches in an effort to save about $5 million a year in operating costs.

1st Century Bancshares in Los Angeles has filed plans to raise $30 million through a sale of common stock.

The six largest U.S. banks have jointly issued support for a "strong global climate agreement," ahead of a global summit on climate change in Paris in December.

Federal financial regulators are teaming up to produce a webinar on fair lending law compliance targeted for credit unions.

Citigroup has agreed to issue private-label credit cards for Wawa, a Mid-Atlantic convenience store chain.

The $417 million-asset company appointed John Kaufman, 33, as CFO on Friday, according to a news release. Kaufman was also named CFO of MSB's Millington Savings Bank.

Porter Bancorp in Louisville, Ky., has Edmond Seifried to its board. Seifried, 68, is executive director of the Sheshunoff Affiliation Program, which provides education and an idea exchange to community bankers.

Wade Reece has announced his plans to retire after 25 years heading BB&T's insurance division.

Western Alliance Bancorp's Bridge Bank in San Jose, Calif., has created a lending group to focus on the life sciences sector.