It is too early in the Providence, R.I., bank's turnaround plan to buy another bank, CEO Bruce Van Saun says. Instead, he would rather invest in acquiring commercial, mortgage and other loan officers who can feed revenue while he tries to make the bank more efficient.

The ouster of Cardinal Bankshares' chief executive helped set into motion events that led to the Floyd, Va., company’s merger with another banking company.

Signature Bank in New York has filed a plan to sell about $299 million in common stock.

Associated Banc-Corp in Green Bay, Wis., reported fourth-quarter earnings of $42.8 million, a 12.2% drop from a year earlier as the company set aside a significantly higher amount of money to address potential problems in its energy portfolio.

Independent Bank Group in McKinney, Texas, has exited the Small Business Lending Fund program.

John Kanas, BankUnited's CEO, said the business never turned a profit, and there were no indications that it would. The company, meanwhile, remains committed to other residential lending operations while focusing on expanding its other businesses across Florida.

Progressives' push for a more drastic overhaul of the industry ignores post-crisis changes that have had an undeniably positive effect.

People's United Financial in Bridgeport, Conn., rode the sale of its payroll services business to a higher profit in the fourth quarter.

At least five regional banks on Thursday discarded concerns about the global economy, stocks, interest rates and credit quality, forecasting loan growth for the rest of this year.

Fourth-quarter earnings reports probably couldn't have been scheduled for a worse time. Banks reported results (and sometimes good ones) right as the markets and the price of oil tanked. The cold reception from investors and analysts is a reminder of how sometimes the analysis of a banks' numbers has little to do with the past quarter, and more to do what's going on right now.

KeyCorp believes it can surpass cost-cutting projections tied to its purchase of First Niagara Financial, while BB&T believes market duress could present it with more acquisition opportunities.

Aquesta Financial Services in Cornelius, N.C., has acquired an insurance portfolio from James E. Moore Agency in Wilmington, N.C.

BB&T in Winston-Salem, N.C., plans to shut down an auto leasing business it inherited after buying Susquehanna Bancshares in Lititz, Pa.

ASB Bancorp in Asheville, N.C., has agreed to appoint to its board the activist investor Lawrence Seidman and another representative picked by Seidman.

KeyCorp reported lower quarterly results that reflected higher expenses and lower fee income.

Fiserv in Brookfield, Wis., has agreed to buy the community financial services business of ACI Worldwide for $200 million in cash.

Fifth Third Bancorp in Cincinnati on Thursday reported a big spike in profits, after selling shares in the payment processor Vantiv.

BB&T in Winston-Salem, N.C., posted lower quarterly results that largely reflected lower fee income and costs tied to recent acquisitions.

Cullen/Frost Bankers in San Antonio said it plans to report a large increase in its loan-loss provision because of issues in the energy sector.

Barclays Chief Executive Officer Jes Staley has started a fresh round of cuts at the investment bank, affecting staff in New York, London and most deeply in Asia, according to a person with knowledge of the matter.