Americas

Strong commercial loan growth drove an 8% year-over-year increase in Private Bancorp's second-quarter profit.

People's United Financial in Bridgeport, Conn., has agreed to buy a New York wealth-management firm.

The Brexit vote last month gave a small boost to second-quarter profit at Bank of New York Mellon, but the low interest rate environment continued to bedevil the custody bank in many segments of its business.

F.N.B. Corp. in Pittsburgh is making a big play to enter North Carolina.

The $24.4 billion-asset company reported a $50 million profit in the second quarter, up 2% from the first quarter.

Hancock Holding in Gulfport, Miss., got a breather from oil issues that have plagued its bottom line in recent quarters.

BancorpSouth in Tupelo, Miss., reported weaker quarterly profit after boosting its loan-loss provision and recording lower fee income.

Executives at several minority-owned community banks nationwide, including OneUnited Bank in Boston and Carver Federal Savings Bank in New York, say they have received a windfall of deposits in recent weeks, coinciding with the introduction of the Black Money Matters Project.

The recent rise in oil prices and a surge in loan demand helped Texas Capital Bancshares in Dallas bounce back in the second quarter.

Costs from a lawsuit settlement, the modification of some customers' contracts and employee severance costs combined to push down second-quarter profit at Northern Trust in Chicago.