The pressure is on Comerica CEO Ralph Babb to prove the deal, which closed Thursday, was worth it. American Banker offers him some free talking points.

Bolstered by its acquisitions of two failed banks, Columbia Banking System Inc. in Tacoma, Wash., said Thursday that it earned $8.6 million in the second-quarter, an increase of 119% from the same period last year.

Tennessee Commerce Bancorp has come up with a novel solution for settling a past-due loan made to another bank holding company: forgive the loan and take control of the borrower's two subsidiary banks.

Eagle Bancorp Inc. in Bethesda, Md., has agreed to acquire Alliance Bankshares Corp. in Chantilly, Va.

Don Adam’s American Momentum shifts from building to buying in Sunshine State.

PNC's purchase of two dozen Flagstar branches in Atlanta illustrates how the market for asset divestitures may be thawing as whole-bank transactions remain frozen.

United Federal Credit Union in St. Joseph, Mich., has agreed to buy Griffith Savings Bank.

UMB Financial Corp. in Kansas City, Mo., reported earnings of $26.3 million, up 14.4%, as credit costs fell and noninterest income jumped.

FirstAtlantic Bank said Wednesday that it had agreed to buy CenterBank in a deal that will combine two Jacksonville, Fla., banks.

Security Savings Bank in Southport, N.C., said that it has hired an Atlanta firm to help it explore strategic option, including a possible sale.

Jim Grant discusses public policy and industry consolidation.

Credit Suisse is expected to cut between 1,500 and 2,000 jobs, a Swiss paper reported, without naming sources. The official announcement is expected yet this week, when Credit Suisse posts its next quarterly results, according to The Neue Zuercher Zeitung (NZZ).

Royal Bank of Canada may spend as much as C$1 billion ($1.06 billion) to buy asset managers outside Canada as the country’s largest lender seeks to triple profit from wealth management in the next four years.

After striking two deals around Kansas City, Mo., last year, Laney, the Boston-based president and chief executive of NBH Holdings Corp., has moved on to Colorado, buying the $1 billion-asset Bank of Choice in Greeley on Friday in a deal with the Federal Deposit Insurance Corp.

Flagstar Bancorp Inc. in Troy, Mich. is exiting the Atlanta market to focus on its core banking business in the Midwest and problems and its expansion into the Northeast.

Although they could in time reap benefits from the many back technology vendor mergers planned, banks may wait to make major IT spending decisions while the deals sort themselves out.

Warburg Pincus, one of the oldest and best-known private-equity players, has arrived at a strategy that experts say might offer a blueprint for the next phase of private-equity investing in banks.

BancorpSouth shares jumped sharply a day after the company reported an impressive financial turnaround, reporting earnings of $12.8 million for the second quarter.

Chapter 11 trustee Herbert Stettin on Monday filed the lawsuit against TD Bank in the bankruptcy case of Rothstein Rosenfeldt Adler PA.

In what would be its first open-bank acquisition in five years, Wintrust Financial Corp. in Lake Forest, Ill., announced Tuesday that it is acquiring Elgin State Bancorp Inc. in Elgin, Ill., for $13.8 million in cash and stock.