Americas

The Federal Reserve Board has ordered Trinity Capital Corp. in Los Alamos, N.M., to improve its capital position.

National Bank Holdings Corp., a company formed in 2009 to buy failed banks, is planning to contract its branch network.

New Century Bancorp in Dunn, N.C., has agreed to buy Select Bancorp in Greenville, N.C.

Cathay General Bancorp (CATY) in Los Angeles has finished buying back the shares it issued to the Treasury Department under the Troubled Asset Relief Program.

The $483 million-asset company issued 370,000 shares of common stock to a prominent financial institution investor, according to a press release Monday. The investor was not named in the release.

The state has reached a settlement with five payday lenders under which they would be prevented from collecting on certain loans and pay restitution to customers, Eric Schneiderman's office announced Monday.

Solera National Bancorp in Lakewood, Colo., has ended a months-long search for a new leader.

The Federal Deposit Insurance Corp. took action against three banks in August and released one bank from a consent order.

CommunityOne Bancorp in Charlotte, N.C., has been freed from the threat of prosecution for allegedly ignoring a $40 million Ponzi scheme run by a customer.

The chairman of City National Corp. in Los Angeles is passing the role to his son.