Americas

Gerard Champi is getting a vowel upgrade. He will be promoted to CEO from COO of First National Community Bancorp in Dunmore, Pa., this summer, according to a company news release.

Louise Walker, the head of First Northern Bank in Dixon, Calif., will be wearing an additional hat over the next year — chair of the California Bankers Association.

BB&T in Winston-Salem, N.C., plans to cut 240 jobs and close 28 branches as part of its integration of National Penn Bancshares.

Grant Bancshares in Natchitoches, La., has agreed to buy Tri-State Bank and Trust in Haughton, La.

U.S. Bancorp in Minneapolis said it expects noninterest expense to increase in the second quarter due in part to compliance and marketing costs.

At a recent hearing in Harlem, community leaders and others expressed their desire for the United States Postal Service to offer financial services.

JPMorgan Chase and Bloomberg Philanthropies are providing $7.5 million in grants for public education programs that address workforce needs in New Orleans.

PacWest Bancorp in Los Angeles is the latest bank to exit its loss-share agreements with the Federal Deposit Insurance Corp.

The Securities and Exchange Commission has filed fraud charges against two attorneys it says stole money from small-business owners seeking commercial loans.

Recent speculation that Comerica is on the block has sparked a conversation about how regulators would vet the sale of a SIFI.