Americas

A raft of mobile payment companies are demonstrating their technology in San Jose this week, even as they acknowledge that the sector has not yet lived up to investors' initial hopes.

BOK Financial (BOKF) in Tulsa, Okla., reported lower net income as mortgage activity declined.

United Bankshares' (UBSI) earnings increased during the first quarter, with support from the completion of its Virginia Commerce Bancorp acquisition and sale of one of its own branches.

EverBank Financial (EVER) in Jacksonville, Fla., said that first-quarter earnings fell 18% from a year earlier, to $32 million. Earnings per share of 23 cents beat the average estimate of analysts polled by Bloomberg by 2 cents.

In a highly unusual initiative, small community bank Independence Bancshares has been building a real-time transactions processing system. CEO Gordon Baird hopes to attract others to use it, too.

ALEXANDRIA, Va. — NCUA issued five prohibition orders Wednesday, banning the following people from participating in the business of any federally insured financial institution:

New York Community Bancorp (NYCB) in Westbury reported lower quarterly earnings as mortgage-related income plummeted.

WASHINGTON — The future of housing finance reform remains in limbo after Senate Banking Committee leaders postponed a key vote on legislation to unwind Fannie Mae and Freddie Mac.

First Financial Bancorp (FFBC) in Cincinnati has agreed to buy Guernsey Bancorp in Worthington, Ohio.

John Poelker, who recently met with key investors, is using YouTube to appeal to clients who might have been spooked by executive ousters and reports of widespread financial excess at the Greenville, S.C., company.