Johnson Financial Group in Racine, Wis., has agreed to buy the wealth management business of Cleary Gull Advisors.

Tompkins Financial in Ithaca, N.Y., said that its Tompkins Insurance Agencies unit bought Shepard, Maxwell & Hale Insurance.

Deloitte has named Kenny Smith leader of its financial services industry group in the U.S., succeeding Robert Contri, who had held the role since 2011.

Bank of the Ozarks' willingness to buy C1 Financial in Florida depended, in part, on CEO Trevor Burgess staying with the company, regulatory filings show. Bank of the Ozarks also insisted that C1 sell $43 million in Brazilian loans before agreeing to a $403 million merger.

First Republic Bank in San Francisco has appointed Katherine August-deWilde to the newly created position of vice chair.

First Republic Bank in San Francisco has appointed Katherine August-deWilde to the newly created position of vice chair.

After enduring a slew of post-crisis scandals, bankers are beginning to see the light on becoming stewards of their organizations.

Northway Bank in Berlin, N.H., has exited the Small Business Lending Fund.

Carolina Financial in Charleston, S.C., has agreed to buy Congaree Bancshares in Cayce, S.C.

Subpar mentoring programs for recruits new to the banking industry could be the reason institutions are finding it hard to keep new talent.

BancorpSouth in Tupelo, Miss., has agreed to settle a lawsuit tied to how it determines overdraft fees on debit card and ATM transactions.

OceanFirst Financial in Toms River, N.J., has agreed to buy Cape Bancorp in Cape May Court House, N.J.

Banking industry officials hailed changes Tuesday to a Financial Accounting Standards Board rule that they have long complained unfairly distorts banks' quarterly earnings.

Ally Financial in Detroit has received a demand from an activist investor to explore strategic alternatives, including a possible sale of the company. The activist is also seeking two board seats.

Community Shores Bank Corp. in Muskegon, Mich., has raised about $5.3 million and has been released from an enforcement action.

Grant Bancshares in Natchitoches, La., has acquired Bank of Ringgold in Louisiana.

The number of locally owned banks in Westchester County has shrunk from 25 institutions in the 1970s to just four today. PCSB, which moved its headquarters to the county after buying a local bank, hopes to settle in quickly.

Riverview Financial in Harrisburg, Pa., has completed an acquisition that it had shelved last summer.

BOK Financial in Tulsa, Okla., has agreed to buy Weaver Wealth Management, an investment advisory firm in Texas.

Sierra Bancorp in Porterville, Calif., has agreed to buy Coast Bancorp in San Luis Obispo, Calif.