Encore Bancshares (EBTX) in Houston announced Thursday that its shareholders have approved its pending sale to Cadence Bancorp.

Debt buyer Encore Capital Group Inc. reported Wednesday large increases in revenue and cash collections but a decline in net income for the first quarter ended March 31.

Piraeus Bank, plagued by the debt crisis in Greece, has hired KBW to shop its U.S. bank, according to industry sources.

Jay Sidhu says Customers Bancorp, a Wyomissing, Pa., company could also revisit its now-delayed IPO by the end of the year.

ROCKVILLE, Md. — Branchless-Realtors FCU, billed as the first virtual credit union when it was chartered by the National Association of Realtors three years ago, is throwing in the towel and plans to merge into Northwest FCU, the $2.2 billion credit union in nearby Herndon, Va.

The $5.4 billion-asset company's aggressive pursuit of First California and American Perspective may inspire others to abandon the traditional courtesies of the bank deals market.

The Federal Reserve said Wednesday it approved the expansion of the U.S. operations of three of China's largest banks, including the first acquisition of a U.S. bank by a Chinese bank.

PlainsCapital's relatively weak price may give aspiring sellers a reason to pause, though industry observers say there are reasons why this deal failed to meet the hot premiums that other Texas banks have commanded.

Already a leading provider of banking services to homeowners' associations on the West Coast, Union Bank in San Francisco has struck a deal to take the niche business nationwide.

In their path-breaking 2009 book "This Time Is Different: Eight Centuries of Financial Folly" economists Carmen Reinhart and Kenneth Rogoff conclude it never is.

PacWest Bancorp in Los Angeles is attempting a hostile takeover just days after unseating Umpqua Holdings to buy American Perspective Bank. Industry observers say the company's newfound buying aggression might make it a better seller someday and give its PE investors a tidy exit.

Hilltop Holdings announced Wednesday that it is buying PlainsCapital of Dallas for roughly $520 million in cash and stock.

PacWest Bancorp has been busy in the past week, usurping another bank's offer for American Perspective Bank and launching a hostile bid for First California. There have been a handful of similar bids in the past decade or so, though few have succeeded.

PacWest Bancorp (PACW) in Los Angeles is dead serious about expanding its California footprint through acquisitions.

Hospital operator Tenet Healthcare Corp.'s first quarter earnings fell 20.5% reflecting mainly higher bad debt expenses, despite an estimated 2% rise in revenues.

The bank, led by ex-Sovereign chief Jay Sidhu, cited uncertain market conditions.

Sun CEO Tom Geisel says hiring teams of bankers from rivals and opening new offices will allow Sun to thrive once it purges an existing portfolio of nonperforming real estate loans.

First BanCorp in San Juan, Puerto Rico, is bringing its credit card portfolio back in-house.

A tiny merger in Maine could prove a test case for a type of deal that risk-averse acquirers have been struggling to pull off.

Two Maryland banking companies that announced plans to merge last month need a little more time to work out the specifics of their deal.