Americas

Between the proposed virtual currency regulations in New York and those already established in Texas, the future of Bitcoin would be brighter if more states follow the Lone Star State's example, says one legal expert.

Washington Trust in Westerly, R.I., rode gains in its lending portfolio and lower operating expenses to a higher second-quarter profit.

Arrow Financial (AROW) in Glens Falls, N.Y., posted higher quarterly earnings because of loan growth and an improved net interest margin.

WASHINGTON — The Consumer Financial Protection Bureau said Monday that it is accepting consumer complaints on prepaid cards and other non-bank products such as credit repair services and pawnshop loans.

Central Federal in Worthington, Ohio, raised roughly $12 million from a private placement of preferred stock.

Northwest Bancshares in Warren, Pa., saw its second-quarter profit decline due to the deterioration of its commercial loan portfolio and elevated expenses.

Peoples Bancorp (PEBK) in Newton, N.C., reported higher earnings in the second quarter than a year earlier thanks to a stronger loan portfolio.

Hampton Roads Bankshares has hired four lenders from Northwest Savings Bank in Baltimore to run its new commercial lending office there.

RYE, N.Y. — USAlliance FCU has become the first North American financial institution to adopt the European in-branch Customer Relation Management (CRM) kiosk solution, HappyOrNot.

Regulators on Friday closed Eastside Commercial Bank in Conyers, Ga., the 13th institution to fail this year.