A plan to inject $50 million into U.S. Century Bank has reportedly been called off, leaving the undercapitalized Doral, Fla., bank in limbo.

Peapack-Gladstone Financial (PGC) in Bedminster, N.J., has hired a president of private wealth management.

The Consumer Financial Protection Bureau could consider expanding exemptions for small lenders from its qualified mortgage rule after it goes into effect on Friday, according to Richard Cordray, the agency's director.

The Minneapolis bank's agreement to buy 94 RBS-owned branches in Chicago is the biggest deal that a big bank has pursued in awhile, and observers will watch the approval process closely for any signs that regulators are warming to the idea of acquisitions by large banks.

Despite the risks, lenders have calculated that certain loans that fall outside of QM are worth making and holding on their balance sheets.

Mobile banking services hold serious sway over small business owners, according to a new study.

Pioneer Financial Services in Kansas City, Mo., has appointed Joe Freeman chief executive.

SouthCrest Financial Group (SCSG) in Peachtree City, Ga., has received regulatory approval to merge its four banks into a single charter operating under the name SouthCrest Bank.

The Federal Reserve Board has terminated enforcement actions with Cornerstone Holding Co. in Fargo, N.D., and Commerce Bancshares in Catoosa, Okla.

Union First Market Bankshares (UBSH) in Richmond, Va., has taken a stake in a local payments firm.

U.S. Bancorp (USB) in Minneapolis has agreed to buy the Chicago branches of RBS Citizens Financial Group, a deal that would double its deposit share in the Windy City.

Tompkins Financial (TMP) in Ithaca, N.Y., has promoted Scott Gruber to chief executive of its subsidiary VIST Bank in Wyomissing, Pa. He succeeded Robert Davis, who retired as chief executive on Dec. 31.

Bay Bancorp (BYBK) in Lutherville, Md., has hired two executives.

Community Bank in Pasadena, Calif., has hired a chief executive.

Convergys, based in Cincinnati, agreed Monday to buy rival call center giant Stream Global Services for $820 million.

JPMorgan Chase & Co. agreed to pay $1.7 billion to resolve U.S. claims that it played a role in facilitating Bernard Madoff's Ponzi scheme, the government said, resolving yet another legal obstacle facing the bank.

The vice chairman of M&T Bank (MTB) has resigned, spurring the Buffalo company to expand the roles of a handful of top executives.

The Sniper's main contribution seems to be shooting down others' ideas. The Historian defends the status quo to the end and the Jetson is convinced the bank's existence rides on the latest technology craze. All of these mind-sets are shortsighted.

Square 1 Financial in Durham, N.C., is planning an initial public offering.

Glacier Bancorp (GBCI) in Kalispell, Mont., has reclassified 15% of its investment securities portfolio.