Americas

First Republic Bank (FRC) in San Francisco reported a 9% rise in quarterly profit on increased lending and continuing improvement in its wealth management income.

The Federal Reserve Board has hit three Southern banks — Highlands Community Bank and New Peoples Bank in Virginia, and North Georgia Community Financial Partners — with enforcement actions.

Wintrust Financial in Rosemont, Ill., recorded higher quarterly profits on increased net interest income and benefits from buying Diamond Bancorp in Schaumburg, Ill.

Capitol Bancorp said late Monday that it will sell its four remaining banks to Talmer Bancorp in Troy, Mich.

Hyperion Bank in Philadelphia has appointed a president and chief executive to replace its retiring founder.

The Federal Reserve may be preparing to fine Community Trust Bancorp (CTBI) in Pikeville, Ky., for deceptive overdraft practices.

The Treasury Department expects to receive roughly $66 million from a recent auction of stakes it owns in seven banks from the Troubled Asset Relief Program.

Bertha Garza, who has used her role at IBC Bank in Brownsville, Texas, to help spread financial literacy, was given American Banker's Community Impact Award, presented for the first time at our annual gala celebrating the industry's most powerful women.

Bank of the Ozarks posted a 16% rise in quarterly profit after completing an acquisition and reporting strong loan growth.

The $775 million-asset company said Thursday that it raised the funds through a rights offering to existing shareholders.