1. Bank of New York Mellon Corp. will purchase CIBC Mellon's corporate-trust business to more than double its share of that market in Canada. Financial terms were not disclosed.
2. In its fourth acquisition of a failed bank, First-Citizens Bank & Trust in Raleigh, N.C., has taken over the $536 million-asset SunAmerican Bank in Boca Raton, Fla. SunAmerican failed on March 5.