Ken Lehman is buying outsized stakes in community banks, using his personal funds and often introducing himself to CEOs with a direct phone call.

First South Bancorp in Washington, N.C., is purging a series of bad loans.

The acquisition by TSYS of prepaid card company NetSpend means the payment processor will manage a delicate balance between being a vendor to banks and being a consumer-facing company.

KeyCorp's decision to sell Victory Management puzzled some, who asked why jettison a fee-based business and whether it might buy or sell some branches.

Warren Buffett has long been the biggest shareholder of Wells Fargo (WFC), and now the San Francisco company represents the biggest piece of his portfolio.

At its annual party, the scandal-buffeted British bank bid goodbye to the "exciting and unpredictable" Year of the Dragon and welcomed in the Year of the Snake.

The purchase of NetSpend, which came at a hefty price for TSYS, signals that the prepaid card industry has come into its own.

KeyCorp (KEY) in Cleveland has agreed to sell its investment management and broker-dealer units.

Broadway Financial in Los Angeles has unloaded a package of loans in an effort to boost its asset quality.

Capital One (COF) is expanding its board of directors with the addition of two banking industry veterans, including a former top official of the Consumer Financial Protection Bureau.

Financial Institutions (FISI) has ended its months-long search for a new chief executive with the promotion of an insider.

Two large community banks merging in South Carolina could create the next Southeast regional player and acquirer of choice.

Less than a year after stepping down as chairman of Atlantic Coast Financial (ACFC) in Jacksonville, Fla., Jay Sidhu is seeking to oust three members of the company's board and replace them with a new slate of directors.

After 10 years of helping to build up expectations at PNC, Bill Demchak will have to surpass them after he becomes CEO this spring.

First Financial Bankshares (FFIN) in Abilene, Texas, has agreed to buy Orange Savings Bank in Orange, Texas.

JPMorgan Chase (JPM) is facing another call from institutional investors to separate the roles of chairman and chief executive.

Securant Bank in Menomonee Falls, Wis., has agreed to sell its trust business to an Illinois bank.

PremierWest Bancorp's campaign to persuade shareholders to approve a merger with AmericanWest Bank has not yet reached its goal. The deal is on hold for one more month as the companies wait for proxy votes to come in.

Solera National Bancorp in Lakewood, Colo., is revisiting a deal that regulators blocked three years ago, with a few modifications.

Rich Munroe, president of Capital Financial Group Inc, has been named president of DBA International, the largest trade association representing debt buyers officially announced Wednesday.