Americas

SAN DIEGO — Class action lawsuits related to Target Corp.'s massive data breach will be consolidated in the retailer's home state of Minnesota.

ServisFirst Bancshares in Birmingham, Ala., has filed plans to raise $72 million through in initial public offering.

Regions Financial (RF) in Birmingham, Ala., is reorganizing the geographic structure of its Midwest operations following the retirement of area President Sally Roth.

Bankwell Financial (BWFG) in New Canaan, Conn., plans to raise nearly $61 million by selling common and preferred stock.

National Bank of Cambridge in Cambridge, Md., has been freed from a formal agreement with the Office of the Comptroller of the Currency.

Popular (BPOP) in San Juan, Puerto Rico, could be looking to sell its banking operations in Chicago and Los Angeles.

Peoples Bancorp (PEBO) in Marietta, Ohio, has agreed to buy Ohio Heritage Bancorp (OHHB) in Coshocton.

The rising costs of regulatory compliance, health insurance and technology prompted Mountain Valley Bank to merge with a company that once was its biggest investor.

WICHITA, Kan. — The $225 million-asset Mid American Credit Union has acquired the Lawrence Kan.-based Jayhawk FCU.

WASHINGTON — The House Financial Services Committee is scheduled to hold a hearing Tuesday morning with senior regulatory officials to explore the costs of recent rulemakings and other agency actions.