Location Root Tag

Southern BancShares in Mount Olive, N.C., has agreed to buy Heritage Bankshares in Norfolk, Va.

Renasant in Tupelo, Miss., has agreed to buy KeyWorth Bank in Johns Creek, Ga.

Daniel P. Dyer, the chief executive officer of Marlin Business Services in Mount Laurel, N.J., has retired.

Crossroads Bank in Effingham, Ill., has selected Michael Defend as its new chief executive. Defend, who will also serve as president, will step into his new role at the beginning of next year.

Foundation Bancorp in Bellevue, Wash., is searching for a new chief executive. The company said in a press release Tuesday that Diane Dewbrey resigned a day earlier "to pursue other interests."

Deutsche Bank has appointed Kim Hammonds to its management board and promoted her to chief operating officer.

Bank of New York Mellon won final approval of a $180 million settlement with investors who claimed they lost money amid allegations the bank had defrauded clients in foreign-exchange transactions for as long as a decade.

A federal appeals court has dealt the retail sector a setback in the ongoing fight over surcharges on credit card purchases.

Fifth Third Bancorp in Cincinnati reported a higher third-quarter profit, although the restructuring of a commercial credit cut into the results.

Synovus Financial in Columbus, Ga., reported higher quarterly earnings that reflected an increase in fee income and cost control.

Bank of New York Mellon, the world’s second-largest custody bank, reported a third-quarter profit that beat analysts’ estimates as the company cut expenses to offset the impact of lower interest rates.

Regal Bank in Livingston, N.J., has agreed to buy Community First Bank in Somerset, N.J.

The online lender Enova International has hired an ex-HSBC executive as its chief operating officer.

Revere Bank in Laurel, Md., has agreed to buy BlueRidge Bank in Frederick, Md.

Bank of the Ozarks in Little Rock, Ark., is set to catapult over $10 billion in assets after agreeing to buy Community & Southern Holdings in Atlanta.

Merger-related expenses took a nearly $6 million bite out of third-quarter earnings at Wintrust Financial in Rosemont, Ill., but its chief executive predicted several recently completed deals will pay off sooner than anticipated.

Zions Bancorp. in Salt Lake City posted stronger third-quarter earnings from lower costs and higher fee income. The $58.4 billion-asset company said in a press release Monday that its earnings rose 6% from a year earlier, to $84.2 million, or 41 cents a share.

Bank employees in Los Angeles staged a protest Monday against low wages and what the group calls "improper working conditions."

M&T Bank in Buffalo, N.Y., reported a higher third-quarter profit as improved net interest income offset declines in trust services, deposit-account fees and mortgage banking.

Western Alliance Bancorp. in Phoenix posted a big increase in third-quarter profit, its first earnings statement after the acquisition of Bridge Bank.