Americas

WASHINGTON — Wisconsin suffered its first bank failure in over two years late Friday as regulators closed a small institution in Kenosha and sold off most of its operations.

BBVA Compass is ramping up efforts along the East Coast with plans to open loan-production offices in New York and Washington.

The Michigan company is set to raise up to $100 million if the right acquisition is available. Analysts say in an erratic M&A market, it is better to be ready to raise capital than to raise it and wait.

Oxford Bank in Michigan has terminated its planned sale to Level One Bancorp due to regulatory delays and an improvement in Oxford's financial condition.

For the second year in a row, Harvard Illinois Bancorp and its management have prevailed in a proxy battle with activist investor Joseph Stilwell.

Nancy Graves, who until last week served as assistant director of New Jersey's Department of Banking and Insurance, has joined Pascack Bancorp (PSBR) in Waldwick as president and chief executive.

ViewPoint Bank in Plano, Texas, has hired Chris Parada to lead its newly formed energy-finance division, which will provide senior debt financing to oil and gas companies throughout the country

Banco Sabadell in Spain has agreed to buy Lloyds Banking Group’s international private banking business in Miami.

Delanco Bancorp in N.J. (DLNO) said Wednesday it would reorganize itself from a mutual holding company structure via the sale of stock in a new company to be formed in connection with the conversion.

A super PAC supporting Sen. David Vitter, R-La., is sponsoring a $5,000-per-person weekend with the lawmaker that includes an alligator hunt.