Americas

Congressional Bancshares in Bethesda, Md., has received regulatory and shareholder approval to acquire American Bank in Rockville, Md.

OnDeck Capital has hired Gary Fearnall as its country manager for Canada.

Turmoil in energy markets significantly influenced the sale of Tradition Bancshares in Houston.

The Federal Reserve Bank of New York has appointed a new leader of its bank supervision arm, the bank announced Thursday.

Allegiance Bancshares expects to raise about $54.6 million in its initial public offering, as the Houston company priced the offering more than two years after expressing interest in going public.

Mechanics Bank in Walnut Creek, Calif., has named three senior financial executives, about five months after a Dallas investment group acquired a majority stake.

Old National said that by owning the branches instead of leasing them, it would have greater control of the properties, classify the branches as assets on its balance sheet and become more efficient.

It started out as a chat over dinner and cocktails between a director of Trans Pacific National Bank and Dr. Robert Murray, a part-time physician for the San Francisco Giants.

Royal Bank of Canada has received approval from the Federal Reserve Board to buy City National in Los Angeles.

Dime Community Bancshares in Brooklyn, N.Y., has agreed to sell a number of real estate properties for $80 million.