Americas

Sterling Bancorp in Montebello, N.Y., is planning to raise up to $81 million through a stock offering.

Prepaid cards are never far from politics and controversy, though the industry's distance from government scrutiny will likely increase in January when Donald Trump assumes the presidency and a new Congress is sworn in.

In this environment, the millennials who have largely chosen credit card alternatives such as P-to-P apps and social payment tools will have an easier time getting credit cards, potentially giving banks an added tool to compete with apps like Venmo.

PacWest Bancorp in Los Angeles has agreed to sell four properties in California to a real estate firm.

SouthCrest Financial Group in Woodstock, Ga., has agreed to sell its only Alabama branches to Guardian Credit Union in Montgomery, Ala.

MainStreet Bancshares in Fairfax, Va., has hired a veteran Virginia banker as its president.

Franklin Financial Network in Franklin, Tenn., has filed plans to raise up to $62 million in a common stock offering.

Merchants may have gained an edge in their dispute with Visa over how EMV debit transaction routing is handled at the point of sale.

AgriBank in St. Paul, Minn., is removing "interim" from the title of its chief executive.

Glacier Bancorp in Kalispell, Mont., will enter Arizona after buying TFB Bancorp in Yuma.