Location Root Tag

Seacoast Banking Corp. of Florida in Stuart has agreed to buy GulfShore Bancshares in Tampa, Fla.

MB Financial in Chicago has appointed an executive from an advanced analytics company to its board. The $19 billion-asset company said in a press release Thursday that Sunil "Sonny" Garg is the energy solutions leader at Uptake.

Regulators have pressed banks to watch out for rising concentrations of commercial real estate loans. Some banks have paid heed, but others are skyrocketing past recommended thresholds.

Malvern Bancorp in Paoli, Pa., is planning to open a commercial lending office in a new market.

Bay Banks of Virginia in Kilmarnock has agreed to buy Virginia BanCorp in Petersburg.

Opus Bank in Irvine, Calif., which reported a third-quarter loss tied to credit issues, has elevated two lending officers to executive-level posts.

Heartland Financial in Dubuque, Iowa, is looking to raise $53.5 million through a public offering.

The former chairman of the failed Premier Bank in Wilmette, Ill., was sentenced to five years in prison after he pleaded guilty to defrauding the Treasury Department's Troubled Asset Relief Program.

Alibaba is taking advantage of a consumer shift to shopping on mobile devices as it uses its massive computing power and investments in data centers.

Cathay General Bancorp in Los Angeles has agreed to a community reinvestment plan tied to its deal to buy SinoPac Bancorp from Bank SinoPac in Taiwan.

BNC Bancorp in High Point, N.C., has rebranded its banking unit to reflect its expansion beyond the Tarheel State. The $7.5 billion-asset company said in a press release Tuesday that Bank of North Carolina is now BNC Bank.

SunTrust Banks in Atlanta has agreed to open almost 200 new locations of Operation Hope's financial-counseling centers inside its branches by 2020.

OptimumBank Holdings in Fort Lauderdale, Fla., has appointed a former Florida credit union CEO, John H. Clifford, to its board.

Square 1 Bank, a unit of PacWest Bancorp, has hired two financial services veterans to expand its banking services for venture capital and private-equity firms and named a new leader of that practice.

A community bank in New Jersey has raised millions in funding from Silicon Valley's star fintech venture capitalists.

F.N.B. Corp. in Pittsburgh will add the president and chief executive of Yadkin Financial to its board after buying the Raleigh, N.C., company.

A small New Jersey bank that is a so-called rent-a-charter partner of more than a dozen marketplace lenders has raised millions of dollars from some household names in the venture capital world.

Acquisition costs ate into third-quarter profit at Old National Bancorp in Evansville, Ind.

Less than a week after revealing it will bring Alipay payment options to U.S. terminals, Ant Financial has signed an agreement with Commonwealth Bank of Australia.

Sun Bancorp’s third-quarter profit declined, as the Mount Laurel, N.J., recorded almost $3 million of one-time gains a year ago. Sun’s expenses, however, continued to improve.