John Mack, the former chief executive and chairman of Morgan Stanley, is joining private-equity giant KKR.

A Georgia House committee this week tweaked the "Small Business Borrower Protection Act," a bill containing restrictions for debt buyers that was passed in February by the Georgia Senate.

A breakdown of M&A announcements for the last week

BankAtlantic Bancorp (BBX) said in a regulatory filing that it will change its name to BBX Capital as part of its deal to sell its thrift to BB&T (BBT) in Winston-Salem, N.C.

At least three serial consolidators are positioning themselves for more deals should the right opportunity arise. SCBT and Iberiabank filed shelf registrations this month, while Wintrust raised $127 million.

BancTrust Financial Group in Mobile has put itself on the block, and as many as a half dozen banks could pursue it. The bidding process could foretell a lot about the appetite for small, complex deals everywhere.

WASHINGTON — Banking regulators said Monday they are looking for feedback on proposed changes to guidance issued in 2001 on leveraged finance.

First Banks of Clayton, Mo., is exiting Florida roughly four years after it entered the state with the acquisition of the troubled Coast Financial Holdings.

Seeing a major opportunity in the U.S. market, Monitise and Clairmail announced a merger deal in which they will cross-polinate and cross-sell each other's technology in their respective markets.

CHARLOTTE, N.C. — NCUA this morning liquidated tiny Shepherd's FCU, a year-old community development credit union, in the latest sign of the difficulties facing small credit unions.

Alabama's BancTrust Financial has abandoned a bid to raise private equity funds. As bank-acquirers circle, a deal could say a lot about the state of M&A.

Citigroup Inc. (C) is reducing its stake in a Turkish bank and its earnings will take a hit because the value of the investment has declined.

In what would be just the second acquisition in its 49-year-history, FNB Bancorp in South San Francisco has struck a deal to buy Oceanic Bank Holding in San Francisco.

In its first-ever auction of preferred stock acquired through TARP, Treasury is seeking to sell stakes in Banner Corp. (BANR) of Walla Walla, Wash., First Financial Holdings (FFCH) of Charleston, S.C.; MainSource Financial (MSFG) of Greensburg, Ind.; Seacoast Banking (SBCF) of Stuart, Fla.; Wilshire Bancorp (WIBC) of Los Angeles; and WSFS Financial (WSFS) of Wilmington, Del.

JPMorgan Chase's chairman and chief executive officer for the Asia Pacific region, Gaby Abdelnour, is leaving the bank, according to an internal memo seen by the Wall Street Journal.

Monitise said Monday that it is buying Clairmail, a San Rafael, Calif.-based provider of mobile banking and payments technology.

The California Department of Financial Institutions took over Telesis Community CU, the one-time $625 million credit union with one of the biggest member business loan portfolios in the country, Friday night and appointed NCUA as conservator.

State regulators closed two banks on Friday, bringing the year's tally to 15. The two failures, in Georgia and Illinois, are expected to cost the Deposit Insurance Fund $ 95.6 million.

On the weekend of May 18, Bank of America plans to complete a technology project that has spanned the country and will end in one of the bank's most complex markets: California.

Several large banks are facing a potential credit-rating downgrade, raising questions whether they could withstand collateral calls on their derivatives. But the post-crisis push for higher liquidity and leaner balance sheets may have steeled them from the threat.