Americas

Banco Santander SA (SAN), Spain's biggest bank, bought the private banking unit of BNP Paribas SA (BNP) in Miami to help to win more business from wealthy Latin American clients, two people with knowledge of the matter said.

Ellie Mae, the mortgage technology vendor, confirmed late Tuesday that its recent outages, which have forced lenders to delay loan closings, resulted from a flood of service requests "characteristic of a distributed denial of service" attack.

POUGHKEEPSIE, N.Y. — Matteawan FCU has merged with Hudson Valley FCU, the two credit unions announced Tuesday.

Gulf Coast Community Bank in Pensacola, Fla., has taken a significant step towards long-term recovery.

WASHINGTON — Sens. Mark Warner, D-Va., and Mark Kirk, R-Ill., unveiled legislation on Wednesday to increase fraud protections for debit card customers.

The Federal Reserve Board has terminated an April 2013 enforcement action against Freedom Bancorp in Lindstrom, Minn.

Drew Breakspear spent decades as a banker before becoming the top industry enforcer in Florida. He is empathetic to banks, realizes the growing importance of virtual currencies like Bitcoin and believes more bankers should serve on the Fed's Board of Governors.

OSHKOSH, Wis. — A trio of Wisconsin credit unions have decided to merge — a rare event in itself, made all the more unusual in that none of the three are struggling.

FirstCapital Bank of Texas is using interactive video software from NCR Corporation to offer its customers 24-hour live teller service during business days.

Customers Bancorp (CUBI) in Wyomissing, Pa., disclosed unexpectedly high sequential loan growth in the first quarter.