Signature Bank in New York has partnered with Financial Software Solutions to expand the products and services that it offers bankruptcy trustees.

Regions Financial in Birmingham, Ala., said in a press release that it had absorbed Ronald F. Holehouse Agency and its team of agents. Regions did not disclose how much it paid for the insurance agency’s client accounts.

A breakdown of M&A announcements in the financial services industry for the week ended July 11

Prairie Community Bank in Marengo, Ill., has raised $2.48 million in a private placement of its preferred stock.

Sunshine Financial in Tallahassee, Fla., has asked for permission to switch to a state bank charter from a federal thrift charter.

Signature Bank in New York has formed a subsidiary to specialize in municipal finance and hired three executives for the division.

Piper Jaffray has agreed to buy River Branch Holdings, a Chicago investment bank that focuses on financial institutions.

Colorado state regulators on Friday closed the $31.7 million-asset Premier Bank in Denver.

Capital One Financial has purchased another digital design studio as it works to deepen its reach in Silicon Valley.

Bank of Stockton in California has agreed to acquire three California branches of from First Banks in Clayton, Mo, according to The Record in Stockton.

BB&T's top executives are set to get up to $2.6 million in bonuses if the Susquehanna deal goes well. While viewed as a good way to make sure the deal works out well, some analysts note that M&A already contributes to executive compensation when it boosts earnings per share and return metrics.

BankFirst Capital in Columbus, Miss., has agreed to buy Newton County Bancorp. in Newton, Miss.

Deposit premiums could rise at 20% of banks with up to $10 billion in assets. Many of those banks could rethink asset concentrations that would trigger higher assessments.

JPMorgan Chase is looking to lower its overhead by shifting more than 2,100 jobs from New York City to New Jersey.

Paring back branch networks is a quick way to cut costs. But executives at large regionals are reluctant to make such cuts until they have found a way to thrive at other delivery channels.

The $1.2 billion-asset National Commerce said in a press release Tuesday that it will pay about $37 million in cash and stock for the $300 million-asset Reunion Bank.

The Greek debt crisis and China's stock-market crash may put downward pressure on interest rates and delay the Fed's interest rate hike, and they are adding uncertainty at a time when lenders thought recovery would be taking hold.

The Fed determined that the purchase of Susquehanna Bancshares, which would push BB&T's assets above $200 billion, will not pose a threat to the U.S. financial system. The approval could give more regional banks confidence to pursue bigger acquisitions.

Digital-only Atom Bank in the U.K. recently won a banking license — a feat U.S. fintech entrepreneurs have either failed to accomplish or not bothered trying, instead partnering with established institutions.

Americas United Bank in Glendale, Calif., has agreed to buy two branches from Banc of California in Irvine.