Cap Markets

The Royal Bank of Scotland Group has completed its divestment of Citizens Financial of Providence, R.I.

The report from independent auditors will likely show that FHA remains below its 2% statutory minimum capital ratio, but HUD officials and outside observers still expect it to show major improvement over last year.

New York Community has long wanted a deal to push it over $50 billion of assets. While Astoria accomplishes that, it does little to diversify New York Community's geography or reduce its reliance on multifamily lending.

First Northern Community Bancorp in Dixon, Calif., has exited the Small Business Lending Fund.

First Partners Bank in Birmingham, Ala., and Highlands Bancorp in Vernon, N.J., have both issued subordinated debt, as part of their plans to exit the Small Business Lending Fund program.

Allegiance Bancshares expects to raise about $54.6 million in its initial public offering, as the Houston company priced the offering more than two years after expressing interest in going public.

The $1.5 billion-asset bank issued $25 million of subordinated notes due 2025 in a private placement. WashingtonFirst used the proceeds to redeem $8.9 million in SBLF preferred shares, which it issued to the Treasury Department in 2011.

From "too big to fail" to Glass-Steagall, the two leaders of the postcrisis recovery hashed out the economic issues, while pitching Bernanke's new book.

Emclaire Financial in Emlenton, Pa., has exited the Small Business Lending Fund.

Community West Bancshares in Goleta, Calif., has received regulatory approval to exit the Troubled Asset Relief Program.