Bank of Sun Prairie in Sun Prairie, Wis., has a new chief executive.

New Hampshire Thrift Bancshares in Newport has raised $17 million by issuing subordinated debt to certain investors.

The Detroit lender gave a favorable outlook on credit losses despite the fact that it expects a decline in used-car prices.

In a surprise victory for mortgage servicer PHH Corp., a California judge overturned a $16.2 million jury verdict awarded to a California homeowner in July for a botched loan modification.

Hanmi Bank in Los Angeles has hired executives to expand its customer base in Texas and Illinois.

Bank of the Carolinas in Mocksville, N.C., appointed Harvey Glick as chairman.

At least 10 large banks, including Bank of America, Citigroup and Wells Fargo, have raised more than $18 billion in programmatic capital since early last week. Tier 1 shortfalls, the end of earnings season and heightened market demand for bank issuances are among the reasons for the transactions.

Cullen/Frost Bankers in San Antonio reported increased quarterly earnings that reflected a significant reduction in credit costs.

BB&T has opened an office of its capital markets unit in New York to service corporate and institutional customers in the Northeast.

Prosperity Bancshares in Houston surpassed Wall Street estimates for the third quarter, fueled by two recent acquisitions.

Total System Services is close to beginning tests of new products and merchant services, and is already seeing a benefit from last week's launch of Apple Pay. But in prepaid, a significant business for the processor, TSYS is still awaiting new rules from the government.

Sterling Bancorp in Montebello, N.Y., realized a big efficiency gain after a major acquisition.

The Rhode Island company had barely opened the doors of its Fairfield County mortgage office when management started getting pushed about making a bigger splash. For now, CEO Joseph MarcAurele seems content to keep one toe in the water.

Doral Financial in San Juan, Puerto Rico, has provided the Federal Deposit Insurance Corp. with its capital restoration and contingency plans.

EverBank Financial in Jacksonville, Fla., reported higher quarterly profit due to an uptick in residential lending.

BOK Financial in Tulsa, Okla., reported quarterly earnings that held steady as higher fee revenues offset rising operating expenses.

Park National in Newark, Ohio, reported lower quarterly earnings due to higher operation expenses and credit costs.

UMB Financial in Kansas City, Mo., reported higher quarterly profit on strong commercial lending.

As the financial industry scrambles to monetize big data, it would be smart to remember that consumers' growing concerns about privacy issues might stanch the flow of personal information in coming years.

The Office of the Comptroller of the Currency on Tuesday cleared up a key part of a recent bulletin issued on consumer debt sale arrangements between third parties.