Americas

Doral Bank's San Juan headquarters was raided by agents of the Federal Bureau of Investigation as part of a search for evidence related to "several ongoing investigations," a spokesman for the agency said.

Citizens National in Paintsville, Ky., has acquired Peoples Security Bancorp in Louisa, Ky.

WASHINGTON — The Federal Housing Finance Agency said Monday it has approved the merger of the Federal Home Loan banks of Des Moines and Seattle, giving approval to the first voluntary combination in the history of the system.

First Guaranty Bancshares had hoped to raise more than $60 million but a dip in oil prices spooked potential investors even though just 3% of the bank's loans involve energy companies.

First Midwest Bancorp in Itasca, Ill., will restructure its commercial banking group after a key executive retires.

Orient Bancorp. in San Francisco has a new president and chief executive.

Huntington National Bank in Columbus, Ohio, has announced plans to support Apple Pay.

Ocwen Financial has agreed to pay $150 million to New York regulators to settle allegations that it fudged foreclosure documents and said Monday that its founder and, executive chairman, William Erbey is stepping down after 30 years with the Atlanta company.

SPOKANE, Wash. — STCU closed out the year with the news that it hit the $2 billion-asset mark in November.

Regulators on Friday closed Northern Star Bank in Mankato, Minn., the 18th institution to fail this year.