Deutsche Bank, Germany's largest lender, is considering cutting about 23,000 jobs, or almost one quarter of its workforce, Reuters reported, citing unidentified people in the finance industry.

There were doubts that CommunityOne could survive in 2011, even with the help of private equity and cooperation from regulators. Four years later, the North Carolina company is again profitable and healthy enough to consider acquisitions.

State Bank Financial in Atlanta has reduced its workforce by consolidating several company departments, as it pivots away from failed-bank loss-share agreements and looks to acquire healthy banks.

Two community banks — Community Bankers Trust in Richmond, Va., and Charter Financial in West Point, Ga. — have reached early terminations of loss-share agreements with the Federal Deposit Insurance Corp.

Bank of Montreal, Canada's fourth-largest lender, has agreed to buy General Electric's transportation finance business in the U.S. and Canada.

Under a federal corruption probe and facing financial and performance issues, United Airlines has picked ex-KeyCorp CEO Henry Meyer as its new chairman. He'll have to draw on the crisis-management skills he sharpened while leading KeyCorp through the financial crisis.

SmartFinancial in Knoxville, Tenn., has appointed a chief credit officer for its newly acquired Cornerstone Community Bank.

Orchard Platform, which provides services to institutional investors in the marketplace lending industry, has raised $30 million in additional funding.

Huntington Bancshares in Columbus, Ohio, has agreed to sell about $1.1 billion of money market fund assets to Federated Investors in Pittsburgh.

Iron Mountain, the leading provider of document storage, is buying its main rival. If the merged company tried to raise prices, it might be the final straw that motivates banks to shift data storage to the cloud.

FNB Bancorp in South San Francisco, Calif., has acquired America California Bank in San Francisco.

Bridgewater Bancshares in Bloomington, Minn., has raised $15 million from the private-equity firm Castle Creek Capital.

Nicolet Bankshares in Green Bay, Wis., has agreed to buy Baylake Corp. in Sturgeon Bay, Wis.

Bank of America is offering $1.2 billion of mostly delinquent home loans, extending a series of sales by lenders seeking to pare holdings and meet demand by investment firms for soured mortgages.

A breakdown of M&A announcements in the financial services industry for the week ended September 5.

Community banks could be vulnerable to increased funding costs, particularly rates tied to retail deposits. Technology, and improved modeling, could help them hold onto more deposits.

Income-based repayment, a federal government effort to relieve student-loan debt burdens, has roiled a normally tranquil securitization market, as investors can no longer be sure of when they'll be repaid.

What does a small bank do when a much larger bank encroaches on its home turf?

The marketplace lender CommonBond announced that it has raised $35 million, which it plans to use to expand its operations across the country.

Forget China — for U.S. banks, Canada carries more weight. Canada's energy-led recession looks harmless for now, but the tight connections between Canada and American banks make it potentially dangerous if it becomes prolonged.