Americas

Sunstate Bank in Miami has been released from an enforcement action that had required it to strengthen its anti-money-laundering controls.

The blockchain startup Digital Asset Holdings has added Sallie Krawcheck to its board.

Summit Financial Group in Moorefield, W.Va., has agreed to buy Highland County Bankshares in Monterey, Va., for $21.8 million in cash. The deal is expected to close early in the third quarter.

A Malvern Bancorp director has resigned following a disagreement over one of the Paoli, Pa., company's clients.

Goldsmith died Sunday of natural causes at his home in Beverly Hills, Calif., a City National spokeswoman said Monday.

Armada, a technology consulting firm in Tulsa, has hired as its president Frank McKeon, a former IBM executive who consulted with banks.

Comerica in Dallas is warning that its loan-loss provision this quarter will be larger than previously estimated because of falling oil prices.

Benjamin Bochnowski will be named chief executive of both the holding company and the $865 million-asset Peoples Bank at the bank's April 28 annual meeting.

China Life Insurance, the nation's largest insurer, agreed to buy Citigroup's stake in China Guangfa Bank for $3 billion.

Poage Bankshares in Ashland, Ky., has promoted Thomas Burnette to chairman of the boards of the company and its Town Square Bank subsidiary.