Americas

Capital One plans to lay off 111 employees in Houston, as it looks to consolidate back-office jobs responsible for deposit processing.

Thomas H. Lee Partners and Warburg Pincus are selling the rest of their stock in Umpqua Holdings in Portland, Ore.

Community bank investor Kenneth Lehman is seeking regulatory approval to buy nearly half the shares in Village Bank & Trust Financial in Midlothian, Va.

Southern First Bancshares in Greenville, S.C., is planning to sell 1.2 million shares of its common stock.

Columbia Banking System in Tacoma, Wash., and First Business Financial Services in Madison, Wis., were among a sizable group of banking companies that completed acquisitions in recent days.

Bank of America and U.S. Bank are nearing a settlement agreement with a Chicago pension fund over charges that the banks failed to protect investors from losses during the financial crisis.

EDWARDSVILLE, Ill. — Scott CU here announced it has surpassed the $1 billion mark in assets.

A group of investors has raised its stake in Doral Financial on a belief that the San Juan, Puerto Rico, company will prevail in its effort to claim a $230 million tax refund from the territory's government.

BETHPAGE, N.Y. — Growing concerns here regarding the risk of debit card fraud led Bethpage FCU to be the first CU to partner with CO-OP Financial Services and its CardNav app. After a 60-day trial, members are embracing the solution.

Hampton Roads Bankshares in Virginia Beach has named John Marshall Jr. as chief risk officer. He succeeds Robert Bloxom, who retired from Hampton Roads at the end of September.