Paul Davis

M&T Bank in Buffalo, N.Y., has agreed to sell a trade processing business to Broadridge Financial Solutions in Lake Success, N.Y.

Cathay General Bancorp in Los Angeles has agreed to buy Asia Bancshares in New York.

PL Capital in Naperville, Ill., disclosed in a regulatory filing last week that it wants Joseph Palmer Jr. and John Yerkes Jr. to resign rather than stand for reelection at the $542 million-asset company's Feb. 10 annual meeting.

CMS Bancorp in White Plains, N.Y., is working through a material weakness unearthed by a recent audit.

Add hiring a new chief financial officer to Doral Financial's growing list of headaches. The $8 billion-asset San Juan, Puerto Rico, company disclosed in a regulatory filing Friday that Nancy Reinhard will resign as acting CFO and principal accounting officer.

The $269 million-asset bank has named Russ Weyers as its president and chief executive, according to the Milwaukee Business Journal.

First Sound Bank in Seattle has agreed to buy Eastside Commercial Bank in Bellevue, Wash.

SVB Financial in Santa Clara, Calif., has agreed to sell a specialty finance business in India at a net loss.

Plaza Bancorp in Irvine, Calif., has agreed to buy Manhattan Bancorp in El Segundo, Calif.

Chemical Financial in Midland, Mich., has agreed to buy Lake Michigan Financial in Holland.

Federal Savings Bank in Chicago has agreed to buy Baytree National Bank & Trust in Lake Forest, Ill.

The Federal Reserve Board reappointed O.B. Grayson Hall Jr., chairman and chief executive at Regions Financial, to its Federal Advisory Council.

A unit of Provident Financial Services in Jersey City, N.J., has agreed to buy an investment adviser.

Webster Financial in Waterbury, Conn., has changed the name of its wealth planning unit.

Old Second Bancorp in Aurora, Ill., will soon start redeeming shares it issued as part of the Troubled Asset Relief Program.

Commercial firms' appetite for loans fell in November, though bankers have mixed views on why demand decreased. Meanwhile, financial institutions are managing to reduce deposit rates, which should help margins over the long run.

First NBC Bank Holding in New Orleans has agreed to buy State Investors Bancorp in New Orleans.

Valley National in Wayne, N.J., will use proceeds from a branch sale in New York City to offset costs tied to prepaying debt.

LCNB Corp. in Lebanon, Ohio, has agreed to buy BNB Bancorp in Brookville, Ohio.

On at least three occasions, Michael Daly flexed his bargaining muscles in discussions with Hampden Bancorp. His tenacity led to a privately negotiated deal, a reduced exchange ratio and an amended employment agreement with Hampden's chief lending officer.