Americas

Lisa McDougald, the deputy general counsel at the $222 billion-asset BB&T in Winston-Salem, N.C., and Leon Holschbach, chief executive at Midland States Bancorp, a $3 billion-asset company in Effingham, Ill., were appointed to the board this summer.

Home BancShares co-founder and Chairman John Allison is shrinking his ownership stake in the Conway, Ark., company for estate-planning purposes.

Farmers Capital Bank in Frankfort, Ky., has announced a plan to restructure its balance sheet.

CapStar Financial Holdings in Nashville, Tenn., expects to raise net proceeds of $16.6 million in an initial public offering that it plans to spend on growth and other initiatives — perhaps including M&A.

Banks are dumping their mortgage servicing rights because low rates and new rules make it hard to earn a profit. SunTrust, Flagstar and First South Bancorp in North Carolina are taking the opposite view.

Big banks in Charlotte, N.C., on Thursday told employees to work from home, following a second night of unrest in the city.

An unusual investment by the Minneapolis company shows how big banks are developing innovative partnerships to deliver financial services in low-income neighborhoods.

First Midwest Bancorp in Itasca, Ill., is planning to shutter 16 branches in connection with its acquisition of Standard Bancshares in Hickory Hill, Ill.

The LegacyTexas Financial Group in Plano sold $50 million in debt to use for possible acquisitions and other purposes.

HomeTrust Bancshares in Asheville, N.C., is beefing up in Tennessee with a deal to acquire TriSummit Bancorp in Kingsport.