Americas

Banc of California in Santa Ana will cut roughly 9% of its workforce as it looks to trim $15 million in expenses.

Spirit Community Bank would be the first new bank in North Carolina since 2009.

JPMorgan Chase will buy as much as 555,000 square feet (52,000 square meters) of air rights from a landmarked Manhattan church as it prepares to build its new headquarters.

Sponsoring so-called pitch competitions helps lenders gain Community Reinvestment Act credit and gather deposits.

FNS Bancshares has agreed to buy Catoosa Bancshares in Fort Oglethorpe, Ga., in all-cash deal.

Toronto-based Mint Corp. is taking advantage of the UAE government’s ambitious plans to develop a digital, cashless society.

SmartFinancial has agreed to buy Foothills Bancorp for $36 million. It would be SmartFinancial's fifth bank acquisition since 2012.

First-Citizens Bank & Trust in Raleigh, N.C., has agreed to buy Capital Commerce in Milkwaukee.

Former chief operations officer Anne McClure spent nearly two months as interim CEO.

There's a battle being waged by Bank of Montreal and its smaller rival, Canadian Imperial Bank of Commerce, as they compete against JPMorgan Chase and almost 200 other lenders in so-called Chicagoland — one of the toughest banking markets in the U.S.