Americas

The banking industry had its second most profitable quarter in 23 years in the April-June period, according to SNL Financial.

Paula Johannsen was the most-active financial adviser at midyear with six mergers under her belt. In a wide-ranging interview, she discusses Florida M&A, compliance delays and the reasoning behind mergers of equals.

Shares in Green Bancorp jumped nearly 14% following the Houston company’s initial public offering.

Regulators have released MetaBank in Storm Lake, Iowa, from a consent order tied to a payday-like loan program it once offered.

Executives at Allegiance Bancshares have long been vocal about their desire to take the Houston company public. The company recently agreed to buy Farmers & Merchants Bancshares, giving it one more opportunity to boost its profile before taking the plunge.

Mutual of Omaha Bank has agreed to sell five branches to CIC Bancshares in Denver.

Northern Trust in Chicago has appointed Peter Jordan as head of global fund services for the bank's Asia-Pacific region.

OGDEN, Utah — The thief who allegedly robbed ISU Credit Union at gunpoint last week used a fake bomb to rob a bank Thursday.

WASHINGTON — Although a new Federal Reserve Board study shows that many Americans have recovered from the "Great Recession," a significant number of consumers are still struggling.

NEW YORK — Since his initial look at the risk-based capital proposal at the start of the year, Montauk Credit Union chief executive Louis Jimenez is breathing easier — but only a little.