Boston Private Financial Holdings (BPFH) plans to buy back all of the preferred stock held by its largest investor, the Carlyle Group, for approximately $70 million.

The Pittsburgh company's incoming chief executive, Bill Demchak, promised to follow the strategy laid out by current CEO Jim Rohr and avoid a race to the bottom for commercial loans.

PacWest Bancorp (PACW) in Los Angeles more than doubled its first-quarter profit as it reduced its loan-loss provision by $10 million.

Stubborn regulators. Delays and cancellations. Unpredictable shareholders. Those are just some of the stomach-churning obstacles that have made guts and a bit of luck key ingredients in successful bank dealmaking.

Some bankers are still in denial over how much their industry is disliked and mistrusted, even in the postcrisis, post-Occupy Wall Street era. A panel discussion with Raj Date, Eliot Spitzer and Robert Wolf highlighted how much work remains to be done.

Profit fell slightly at Huntington Bancshares on fewer gains from loan sales last quarter.

ING U.S., the American insurance unit of ING Groep (INGA), plans to raise as much as $1.54 billion in an initial public offering as its Dutch parent focuses on operations at home.

Comerica is generating enough loan growth in its key markets that it is under no pressure to expand through acquisitions, Chairman and Chief Executive Ralph Babb says.

The most notable quotes from American Banker stories of the previous week. Readers are encouraged to add their own observations in the Comments fields at the bottom of each slide.

BBCN said in a press release Tuesday that the acquisition would position the $5.6 billion-asset company as "the leading Korean-American bank in Chicago" while providing it with entry into the Washington, D.C., market.

Avoid closing locations solely based on performance, test drive outreach programs and consider other options, such as amending hours, before shuttering an underperforming location.

When Iberiabank lowered the amount of money it expects to receive in FDIC loss-sharing, it meant some credits are performing better than expected — and that some losses might show up after the FDIC agreement runs out.

Citigroup showed year-over-year revenue growth after JPMorgan and Wells Fargo's top lines fell in the first quarter.

CFO Rene Jones says the two companies will "do whatever we need to do" to complete the merger, which has been delayed by the Federal Reserve Board's concerns with M&T's anti-money-laundering policies.

A breakdown of M&A announcements in the financial services industry for the week ended April 13.

Policymakers came back from the Easter recess loaded for bear, as President Obama released his budget and Senate Democrats dug into the independent foreclosure reviews. Here are the six stories in regulation and reform that you shouldn't have missed last week.

The $1.4 billion-asset unit of First Mariner Bancorp (FMAR) said Monday that the FDIC had terminated an April 2009 cease-and-desist order requiring the bank to comply with fair-lending practices.

Iberiabank in Lafayette, La., will record a $32 million charge for the first quarter because of delays in the repayment of loans it bought from failed banks.

Chemical Financial (CHFC) in Midland, Mich., reported higher first-quarter profit because of an increase in fee income.

Record mortgage revenue and more lending helped M&T Bank (MTB) raise profits 33% in the first quarter.