Americas

WILKES-BARRE, Pa. — The death of Jim Payne, head of Wilkes-Barre City Employees FCU, has been ruled a suicide and the federal investigation surrounding the CU has heated up.

Huntington Bancshares (HBAN) in Columbus, Ohio, has poached as executive from U.S. Bancorp (USB) as its new chief financial officer.

Investors Bancorp (ISBC) in Short Hills, N.J., could raise more than $2.6 billion as part of a highly anticipated second-step conversion.

Piedmont Bancorp in Peachtree Corners, Ga., plans to raise $8 million through a private placement of subordinated debt and common stock.

NewBridge Bancorp (NBBC) in Greensboro, N.C., has issued nearly $16 million in subordinated debt to redeem all the preferred stock it issued under the Troubled Asset Relief Program.

A lawsuit alleges that Democratic Gov. Jerry Brown violated state law by diverting hundreds of millions of dollars from the national mortgage settlement into California's general fund.

Analysts Joseph Fenech and Kevin Fitzsimmons have resigned from the research department at Sandler O'Neill.

HUNTINGTON, Ind. — Huntington Schools CU is now Partners 1st FCU after the two shops finalized a merger this week.

A Florida woman has accused the New York bank of relying on robo-signed documents as it tried to collect unpaid credit card balances. She seeks class-action status for her lawsuit.

Third Federal Savings and Loan in Cleveland is planning to expand its residential lending into several additional states.