Americas

Consolidation in the market has prompted Bridge to seek capital fast to fight back, the CEO says.

Attorney General Catherine Cortez Masto alleges that the processor fraudulently notarized 4,000 documents a day and demanded kickbacks from foreclosure attorneys.

Hampton Roads Bankshares Inc. in Norfolk, Va., has shuffled its management ranks and created several new divisions as it aims to regain its footing after suffering steep losses on real estate loans.

Shareholders for Parkvale Financial Corp. in Monroeville, Pa., have approved the company's sale to F.N.B. Corp.

Webster Financial Corp. in Waterbury, Conn., has promoted Chief Operating Officer Gerald P. Plush to president of the company and its Webster Bank subsidiary, effective immediately.

S.Y. Bancorp Inc. in Louisville, Ky., is looking to expand in the Indianapolis market.

The bank's core overhaul touches almost every area of the bank, from security to CRM to mobile.

The board of Capital City Bank Group Inc. in Tallahassee, Fla., has suspended its common stock dividend.

Ailing Palmetto Bancshares Inc. in Greenville, S.C., will shutter more branches and eliminate more jobs as it struggles to return to profitability.

Park National Corp. in Newark, Ohio, warned in a regulatory filing Wednesday that its 2011 loan-loss provision will be higher than anticipated after regulators said its Vision Bank unit improperly accounted for guarantor-support loans.