Americas

The Nasdaq stock exchange has warned Enterprise Financial Services Corp. (ESFC) in St. Louis that its stock is in danger of being delisted because the company has yet to file its 2011 annual report with the Securities and Exchange Commission.

Regulators closed Fidelity Bank in Dearborn, Mich., at a cost of about $93 million to the Deposit Insurance Fund.

Shares of Yadkin Valley Financial (YAVY) jumped nearly 10% Friday after an analyst identified the company as a possible "takeover target."

Legislators are considering a proposed tax overhaul that would move $30 million of taxes from community banks to larger banks. With smaller bills, community banks say they can lend more.

First Mariner Bancorp has warned investors that it is in danger of failing.

More than 20 banks in the state are still in the Treasury Department's program with limited options to get out. Selling could be the best solution, industry observers say.

Wilshire Bancorp in Los Angeles has exited the Troubled Asset Relief Program by repurchasing the bulk of its shares it issued to the Treasury Department at a slight discount.

A small Florida bank whose shares are so thinly traded that they are in danger of being delisted is suddenly one of the hottest stocks on the Nasdaq — and its president has no idea why.

The former chairman and chief executive at Citizens Republic Bancorp in Flint, Mich., has been elected lead independent director at Royal Bancshares of Pennsylvania.

Sound Financial in Seattle turned a smaller profit in 2011 than it first reported after its auditors advised it to set aside additional funds for potential loan losses.