Tanaya Macheel

Bank of Hawaii in Honolulu reported slightly lower second-quarter profits as expanded lending and mortgage banking was offset by higher payroll costs and other expenses.

Pinnacle Financial Partners in Nashville, Tenn., plans to raise $60 million in subordinated debt in a private placement.

Sun Bancorp in Mount Laurel, N.J., has appointed wealth-management executive Grace Torres to its board and to the board of Sun National Bank. Torres will join the board's audit and risk committees.

South State in Columbia, S.C., reported higher second-quarter profit on improved levels of efficiency and a decline in merger-related expenses.

Wells Fargo tapped the head of its wholesale services unit to lead a new research and development division.

JPMorgan Chase has renewed a partnership to offer co-branded credit cards with Southwest Airlines.

Ruth Porat wows investors in her first earnings call as Google's CFO while Marianne Lake moves a step closer to running JPMorgan's future calls. Elsewhere, Lynn Tilton bids to move her fraud trial to federal court, Janet Yellen hints at support for raising the SIFI bar and Obama gets ready to nominate another woman for Fed governor.

HomeTrust Bancshares in Asheville, N.C., has hired PNC Financial Services Group banker Kristin Powell as co-director of mortgage lending.

Wells Fargo has expanded the leadership of Perry Pelos, head of commercial banking, to include corporate banking and treasury management.

Identity theft protection company LifeLock is coming under fire from the Federal Trade Commission for failing to adequately protect customers' credit card and bank account data, Social Security numbers and other sensitive personal information, among other allegations.