Americas

Richard Moore, CEO of First Bancorp in North Carolina, believes he can unlock more shareholder value through acquisitions and by taking advantage of disruption elsewhere.

Greig, who orchestrated FirstMerit's sale to Huntington Bancshares, joined Opus' board last month.

The company's earnings fell 20% from a year earlier, reflecting $5 million in restructuring charges and a higher loan-loss provision.

Entegra Financial disclosed that it held First NBC subordinated debt. An impairment charge tied to the bank's failure will lower Entegra's first-quarter profit by $441,000.

The credit union's facilities remain undamaged, but the worst may still be to come if a local dam crests later this week.

Visa Inc. has partnered with Dallas-based Active Network, whose customers organize activities and events, to make Visa Checkout available as a payment option at events in the U.S., Canada, Ireland and the U.K.

The new name reflects the seven cooperative principles, including cooperation among cooperatives.

The company, which delisted from the Nasdaq in 2005, is looking to raise up to $64 million through an initial public offering.

The Mississippi company said Mitchell Waycaster will succeed Robin McGraw in May 2018.

Regulator now has recovered nearly $4.8 billion in various suits related to the mortgage meltdown in 2008.