Retail & Commercial

SunTrust Banks (SBT) has shifted marketing chief Rilla Delorier into a new role in which she will be oversee SunTrust's consumer banking strategy.

The Baltimore company, which is looking to sell its bank through bankruptcy, secured a judge's support for a proposal requiring advance notice before big investors try and sell common stock.

Big banks survived the financial crisis, but their ability to attract top young talent may not. That's the argument of Kevin Roose, author of the book "Young Money," which chronicles three years in the lives of eight young, and increasingly disenchanted, investment bank employees. Roose discusses why some of the junior bankers he shadowed have left finance; what banks can -- and can't -- do to change their cultures; and how the industry's efforts to promote diversity are still falling short.

Stilwell Group is irate that Poage Bankshares has agreed to buy another Kentucky bank. The activist investor would prefer to see the company buy back stock and, eventually, find a buyer.

First Citizens BancShares (FCNCA) in Raleigh, N.C., said that another key member of its controlling family is stepping down.

Ameris Bancorp (ABCB) in Moultrie, Ga., has received regulatory approval to buy back its remaining preferred stock tied to the Troubled Asset Relief Program.

Central Pacific Financial (CPF) in Honolulu will repurchase a large block of stock from two investors.

It doesn't take much for regulators to kill a product. Last April, Consumer Financial Protection Bureau Director Richard Cordray compared banks' deposit-advance loans to payday loans. The Office of the Comptroller of the Currency and Federal Deposit Insurance Corp. followed by issuing stricter guidelines. Since then every bank that offered the product has dropped it. Following is a timeline of the deposit-advance loan's demise.

The chief executive officer of Mt.Gox, the Tokyo-based Bitcoin exchange where prices are tumbling after it halted withdrawals, stepped down from the board of a key advocacy group for the virtual currency.

Colonial Virginia Bank (CNVB) in Gloucester, Va., has revised its yearly earnings downward after a required adjustment to pension costs.