WASHINGTON — Two failed banks in Florida went to one acquirer Friday, and regulators also shut a $1 billion-asset bank in Colorado, as the year's failure total reached 58.

USAmeriBancorp Inc. in Clearwater, Fla., is planning to acquire the remaining stake in an Alabama bank that it does not already own.

Morgan Keegan, the brokerage unit of Regions Financial Corp., expects to receive initial bids on Monday from companies including Blackstone Group LP, Carlyle Group LP, Stifel Financial Corp. , TPG Capital, Apollo Global Management LLC and Warburg Pincus LLC, Reuters reported Friday citing sources familiar with the situation.

First Niagara Financial Group and M&T Bank are playing it cool on whether they plan to bid for HSBC's branches in upstate New York — but they aren't discouraging speculation, either.

If the second quarter's results are any indication, Hancock Holding Co.'s acquisition of Whitney Holding Co. is destined to be a crowd pleaser.

With loan demand still weak in many areas of the country, more and more bankers are starting to believe that their banks will need to merge with other institutions to achieve meaningful growth.

Last month, Hancock closed its all-stock takeover of Whitney in a deal valued at $1.3 billion.

The insurer wants to sell its depository but keep writing mortgages. Essentially, it’s making a bet on regulatory arbitrage — the idea that certain categories of institutions can dodge scrutiny being placed on their competitors.

Steel man Frank Williams Jr. aims to become a winner in the bank consolidation game by capitalizing on Great Atlantic Financial's losses.

Recent stock sales by banks fall into three categories: the very good, the not so bad and the downright ugly.

The early read on M&A this earnings season: A weak economy and job market are putting a damper on deals, even as lending and revenue tick up.

Electronic invoicing companies Transactis and Data Impact said Tuesday that they merged operations.

Portfolio Recovery Associates Inc., a publicly owned debt buyer and collection company, has hired Tara Privette as senior vice president, Core Operations.

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Barclays PLC, the U.K.'s second-largest bank by assets, plans to eliminate about 50 jobs in India as it narrows its focus on large companies in the nation, said two people with direct knowledge of the situation.

The mortgage servicer Ocwen Financial is seeking a $575 million term loan B to finance its acquisition of Litton from Goldman Sachs.

The Los Angeles company is now telling investors it may scale back its ambitions and raise only what it needs to complete its acquisition of rival Center Financial Corp.

Continuing its rapid expansion in Massachusetts, People's United Bank in Bridgeport, Conn., announced Monday that it has opened three more branches in and around Boston.

Banks are increasingly dependent on their ability to obtain core deposits through branches, which means that a bank's branch footprint strategy, including its de novo strategy, is more important than ever.

Canadian Imperial Bank of Commerce is tiptoeing back into the U.S. after losing billions of dollars in a botched stateside push a decade ago.