Tanaya Macheel

HSBC is promoting Gregory Pierce to head of global banking and markets for North and South America. He starts Sept. 1 and will be based in New York.

Regions Financial in Birmingham, Ala., reported higher quarterly profit on stronger fee income.

Signature Bank in New York reported higher second-quarter profit due to a rise in interest-earning assets.

Federal judges have dismissed two lawsuits that accused Wells Fargo of reverse-redlining in Los Angeles and Cook County, Ill., Reuters reported.

Ashley Madison, an online extramarital dating service that claims to protect users’ privacy and security, has had its customer database compromised.

Ashley Madison, an online extramarital dating service that claims to protect users' privacy and security, has had its customer database compromised.

Sunshine Bancorp in Plant City, Fla., has agreed to buy two branches from First Federal Bank of Florida.

First Niagara Financial Group in Buffalo, N.Y. has hired Peggy Yankovich to lead the commercial card and payments business of its treasury management group. Yankovich had been the global head of corporate cards, global payments & cash management at HSBC.

Wintrust Financial in Rosemont, Ill. reported higher second-quarter profit due to loan portfolio growth and higher mortgage banking revenues.

Blythe Masters scores one for women in the boardroom, the Fed's Sarah Bloom Raskin is leading a campaign to declassify cyber security info for banks, and Yellen is still at odds with Congress — but at least "the ecomomy doesn't stink."