Americas

The first-quarter profit at Cardinal Financial Corp. (CFNL) in Tysons Corner, Va., fell 42% from a year earlier, largely due to merger-related expenses.

PacWest Bancorp (PACW) in Los Angeles reported a surge in quarterly profits as the company produced more loan revenue.

Cullen/Frost Bankers (CFR) in San Antonio reported a profit of $59.2 million in the first quarter on strong asset and deposit growth.

M&T Bank (MTB) in Buffalo announced that former vice chairman Michael Pinto has died.

WASHINGTON — In a move that will surprise no one, Sen. Elizabeth Warren pulls no punches calling out bankers and Washington insiders in her just-released memoir.

Jefferson Bancshares' efforts to sell itself were marked by several fits and starts over three years, highlighting the fickle nature of consolidation since the financial crisis.

SPRINGFIELD, Mo. — The rise of social media has given credit unions a new way to hire employees at all levels, using sites such as Facebook, LinkedIn and Twitter to publicize job openings as well as screen potential candidates.

A failed Kansas bank is suing state regulators alleging that they had insufficient grounds to close it.

Simsbury Bank (SBTB) in Connecticut named a new retail management officer to succeed Howard Zern who is retiring at the end of this month.

Flagstar Bancorp (FBC) in Troy, Mich., reported a significant first-quarter loss as its loan-loss provision more than quintupled.