Tanaya Macheel

Broadway Financial in Los Angeles has named former MUFG Union Bank executive Erin Selleck to its board.

Wells Fargo may divest its crop insurance business in an auction that could fetch more than $1 billion.

Eris Exchange, an over-the-counter futures market based in Chicago, is trying to stop Eris Industries, a London tech startup, from using the name Eris in markets where both companies operate.

Standard Treasury team joined SVB Financial's information technology team this week to help it expand the bank's digital banking platform.

Standard Treasury team joined SVB Financial's information technology team this week to help it expand the bank's digital banking platform.

The Office of the Comptroller of the Currency has named Stephen Warren chief information officer.

Webster Financial in Waterbury, Conn. has hired a deputy chief financial officer from Citigroup.

Plaza Bank in Irvine, Calif., has hired Kathy Gonzales for the newly created role of director of branch banking.

Rep. Ann Wagner of Missouri is urging House Banking Chair Jeb Hensarling to recruit more female Republicans to the influential panel. Also women are wielding more economic power in the Middle East and Heidrick & Struggles predicts that women will hold half of board seats at major companies within a decade.

Blue Valley Ban Corp. in Overland Park, Kan., has obtained regulatory approval to redeem its Troubled Asset Relief program preferred shares.

Banc of California in Irvine, Calif., has named James McKinney principal accounting officer

Heritage Oaks Bancorp in Paso Robles, Calif., has purchased of $3 million worth of its trust-preferred securities.

SunTrust Banks in Atlanta has streamlined its checking-account product offerings, in a bid to make it easier for customers to choose a product and open an account.

Anchorage Capital Group and Carlyle Group have priced their final offering of common stock in Central Pacific Financial in Honolulu.

AJS Bancorp in Midlothian, Ill., has given its chairman and chief executive the additional title of chief financial officer.

TFS Financial in Cleveland reported lower second-quarter profit due to increased expenses for a range of matters, including personnel costs.

The bank plans to use the proceeds for general corporate purposes, including possible acquisitions such as potential FDIC-assisted transactions. Iberiabank may also use the proceeds for working capital and for investments in subsidiaries to support continued growth.

Bank of America puts an HR exec in charge of stress testing, a look at how Yellen compares to Bernanke at the 18-month mark as Fed chair, Sen. Collins tries to help small banks and Cullen/Frost shuffles some key executives.

Bank regulators are likely to take further action to force banks to upgrade their cybersecurity processes as hackers continue to find ways to penetrate institutions’ defenses, Benjamin Lawsky, the top former New York bank supervisor, said Tuesday.

Blockchain technology can be used to help financial-services institutions accomplish their most important goal — improving customer service, Blythe Masters said Tuesday.