Americas

Bank of New York Mellon, the world’s second-largest custody bank, reported a third-quarter profit that beat analysts’ estimates as the company cut expenses to offset the impact of lower interest rates.

Regal Bank in Livingston, N.J., has agreed to buy Community First Bank in Somerset, N.J.

The online lender Enova International has hired an ex-HSBC executive as its chief operating officer.

Revere Bank in Laurel, Md., has agreed to buy BlueRidge Bank in Frederick, Md.

Bank of the Ozarks in Little Rock, Ark., is set to catapult over $10 billion in assets after agreeing to buy Community & Southern Holdings in Atlanta.

Merger-related expenses took a nearly $6 million bite out of third-quarter earnings at Wintrust Financial in Rosemont, Ill., but its chief executive predicted several recently completed deals will pay off sooner than anticipated.

Zions Bancorp. in Salt Lake City posted stronger third-quarter earnings from lower costs and higher fee income. The $58.4 billion-asset company said in a press release Monday that its earnings rose 6% from a year earlier, to $84.2 million, or 41 cents a share.

Bank employees in Los Angeles staged a protest Monday against low wages and what the group calls "improper working conditions."

M&T Bank in Buffalo, N.Y., reported a higher third-quarter profit as improved net interest income offset declines in trust services, deposit-account fees and mortgage banking.

Western Alliance Bancorp. in Phoenix posted a big increase in third-quarter profit, its first earnings statement after the acquisition of Bridge Bank.