Americas

Two weeks after First Niagara Financial Group in Buffalo announced it is adding hundreds of jobs in western New York, the chief executive M&T Bank Corp. said his company expects to create 133 new jobs in Buffalo as a result of its acquisition of Wilmington Trust Corp. in Delaware.

Hit hard by defaults on construction loans, Old Second National Bank in Aurora, Ill., has agreed to an enforcement order with its regulator that requires it to boost a key capital ratio by the end of the third quarter.

First Place Financial Corp. in Warren, Ohio, is in danger of having its stock delisted for failing to file its last three quarterly financial statements with the Securities and Exchange Commission.

Bond Street Holdings Inc., the most active acquirer of failed banks in Florida, is looking to raise more money to buy even more banks.

Buoyed by a large private-equity investment and the acquisition of another Northeast Florida bank, Jacksonville Bancorp Inc. swung to a $439,000 profit in the first quarter from a $988,000 loss in the same period last year.

The stories of Bank of Hawaii Corp. and Central Pacific Financial Corp. tell you everything you need to know about the troubled past and hopeful signs for the future of banking in Hawaii.

The embattled Capitol Bancorp Ltd. eked out a small profit in the first quarter, thanks largely to a $16.9 million gain on the conversion of trust-preferred securities to common equity.

Continuing to be plagued by problem construction loans, Hampton Roads Bancshares Inc. in Norfolk, Va., said after the markets closed on Monday that it lost $31.7 million in the quarter that ended March 31.

Two community banks have signed up for Secure Vault Payments, according to eWise Systems USA Inc., the Denver company working with Nacha, the electronic payments association, to offer the technology.

Hancock Holding of Gulfport, Miss., has won all federal approvals to acquire Whitney Holding in New Orleans, setting the stage for the deal to close on June 4 and create a $20 billion-asset company with more than 300 branches stretching from Florida to Texas.