Americas

A larger-than-usual number of small banks, rising valuations for would-be acquirers, and lingering industry challenges are increasing the odds of deals in the Pennsylvania.

Citigroup is putting 90 branch buildings in California up for sale, with plans to lease them back.

UMB Financial in Kansas City, Mo., is planning to open its first branch in Texas, according to a report.

Nasdaq has granted Broadway Financial (BYFC) in Los Angeles a six-month reprieve to raise its share price.

First Interstate BancSystem (FIBK) in Billings, Mont., has named Kevin Riley its next chief financial officer. Riley is leaving Berkshire Hills Bancorp (BHLB) in Pittsfield, Mass., where he has been CFO since 2007.

Eastwood plans to acquire the Austin, Minn., branches of QCR's Community National Bank along with $30.8 million in loans and $36.8 million in deposits, the companies announced Monday.

First Federal Bancshares of Arkansas (FFBH) in Harrison has agreed to buy First National Security in Hot Springs, Ark.

First South Bancorp, a privately held Tennessee company, has enough capital support to do deals without having to go public, CEO Chris Holmes says in a Q&A.

Pathie McKee, the chief financial officer of ViewPoint Financial (VPFG), will step down on July 31. She will remain as a consultant through yearend, the Plano, Texas, company announced Wednesday.

John W. Allison of Home BancShares was on the prowl for a deal in Florida when a "game-changer" came up in its home state of Arkansas. He sacrificed geographic diversification for a local moneymaker. Was it the right move for the long term?