OneWest Bank in Pasadena, Calif., which has been considering a sale or an initial public offering, has been meeting with potential merger partners, according to a report.

A number of banks will 'find themselves' in the year ahead via deals that redefine where they operate and what they do, a Deloitte study finds.

Old Second Bank in Aurora, Ill., aims to prove that it and other Tarp banks that burned through all their common equity can survive.

At least three law firms are investigating the sale of Asset Acceptance Capital Corp. to decide if shareholders are receiving fair compensation in the buyout and whether the firm breached its fiduciary duties.

BBCN Bancorp (BBCN) in Los Angeles has filled the leadership left open by Alvin Kang's resignation as president and chief executive earlier this year.

Sticking with recent tradition, M&T CEO Robert Wilmers used his annual letter to shareholders to skewer the "too big to fail" banks he believes caused the financial crisis.

Annapolis Bancorp (ANNB) in Maryland has repaid its Troubled Asset Relief Program funds in preparation for its sale to F.N.B. Corp (FNB).

BankUnited looked like a seller last year, but a secondary offering of nearly 20 million shares will let PE profit and should arm BankUnited with a more valuable currency for buying banks.

The U.S. District Court for the District of Columbia has sided with regulators in the decision to shutter United Western in 2011.

The Memphis, Tenn., company has been quietly hiring business lenders in key cities in North Carolina and Virginia and would consider selective acquisitions, CEO Bryan Jordan says.

Banks are preparing their bids for City National Bank of Florida and are expected to make offers in the next few days, according to a published report.

PNC Financial Services (PNC) plans to close 200 branches this year, or 6.5% of its domestic network, as part of a broad push to cut costs.

American International Group is building a unit to buy individual home loans amid a rebound in the housing market.

Shareholders of BankUnited (BKU) in Miami Lakes, Fla., are preparing to sell about one-fifth of the company's outstanding stock.

Pacific Premier in Irvine, Calif., is buying San Diego Trust Bank for $30.6 million.

Debt buyer Encore Capital Group Inc. (NASDAQ: ECPG) announced it is acquiring debt buyer Asset Acceptance Capital Corp. (NASDAQ: AACC) in a deal valued at $200 million.

Private-equity firm Fortress Investment Group began to fulfill a long-range ambition when two of its affiliates – including Springleaf – agreed to pay HSBC $3.2 billion for a portfolio consumer loans.

The $1 billion-asset Pacific Mercantile said Tuesday that it would sell $2.2 million shares of common stock to private equity firm Carpenter Funds for roughly $14.8 million.

SI Financial Group (SIFF) in Willimantic, Conn., will buy Newport Bancorp (NFSB) in Rhode Island for roughly $61.3 million.

CEO Michael Corbat said Tuesday that the company's future lies in certain key emerging markets, but he also suggested that Citi could pull out of other countries that are dragging down its profits.