Tanaya Macheel

BCB Bancorp has sold $2.4 million of preferred stock in a private placement.

Citigroup has agreed to sell its retail and commercial banking businesses in Panama and Costa Rica to Canada's Scotiabank.

Bank of America has named Jackie Yoon president of its St. Louis market, after Larry Otto left the job for the same position at U.S. Bancorp.

Prepaid card issuer Green Dot Corp. has launched a unit called Green Dot Shanghai Software Technology Co. in Shanghai, China.

PayItSimple USA is expanding its installment payments technology to the U.K.

Regions Financial in Birmingham, Ala., said in a press release that it had absorbed Ronald F. Holehouse Agency and its team of agents. Regions did not disclose how much it paid for the insurance agency’s client accounts.

Prairie Community Bank in Marengo, Ill., has raised $2.48 million in a private placement of its preferred stock.

American telco company IDT Corporation has launched a direct-to-mobile-wallet service to Kenya and Niger through its international money transfer service, Boss Revolution, entering markets where mobile payments have been successful in the past.

Auto title loans in California grew by more than 10% in number and dollar value last year and the market has almost doubled since 2011, according to a new report.

Bank of Stockton in California has agreed to acquire three California branches of from First Banks in Clayton, Mo, according to The Record in Stockton.