Americas

Hilltop Holdings in Dallas has promoted Alan White to share the chief executive role with Jeremy Ford.

BankUnited in Miami Lakes, Fla., has named Citigroup technology veteran Julio Jogaib as its chief information officer.

The $222 billion-asset company has not yet publicly stated the number of branches or markets to be affected, but it "would be closing and consolidating some branches in early December," BB&T spokesman David White on Monday.

Customers Bancorp in Wyomissing, Pa., is seeking to raise as much as $133.5 million through two avenues: a newly announced preferred stock offering and previously announced secondary sales of common stock.

Years of branch closures and job cuts are paying off for banks in the form of much-improved efficiency ratios. But with low interest rates still crimping profits, banks remain under pressure to continue reducing expenses.

Groups in North Carolina, Pennsylvania and elsewhere are stepping up efforts to create programs and conferences dedicated to younger bankers, including millennials.

Admitting he should have moved more quickly to retool management during a decade of explosive growth, First NBC Bank Chairman and Chief Executive Ashton Ryan Jr. announced several changes designed to improve the New Orleans company's governance practices.

Huntingdon Valley Bank in Pennsylvania has revived its plan for a mutual conversion.

F.N.B. Corp. in Pittsburgh has recruited an executive from the recently sold FirstMerit Bank to spearhead its data-security efforts.

Severn Bancorp in Annapolis, Md., has redeemed the last shares tied to the Troubled Asset Relief Program.