Retail & Commercial

Banc of California's (BANC) president has resigned after the Irvine company reported a large quarterly loss and dive in its capital ratios.

Hampton Roads Bankshares (HMPR) in Virginia Beach, Va., made big gains in the third quarter because of lower costs tied to foreclosed properties and repossessed assets.

Peapack-Gladstone Financial (PGC) in Bedminster, N.J., has launched a $42 million rights offering.

Fidelity National Financial, the largest U.S. title insurer, promoted Raymond Quirk to chief executive officer as the company expands in the business of providing and analyzing mortgage data.

Eastern Bank in Boston has acquired an insurance agency in Lynnfield, Mass.

Wintrust Financial (WTFC) in Rosemont, Ill., has renegotiated a $100 million loan agreement with outside lenders.

Merchants labeled high-risk often have trouble finding processors willing to work with them, but they may have better luck if they adopt a digital currency designed to prohibit chargebacks.

The $19.3 billion-asset company plans to merge its Hancock Bank and Whitney Bank subsidiaries in the first quarter of 2014, pending regulatory approval, it said Thursday.

The $649 million-asset company said late Thursday that it had retained Sterne, Agee & Leach, making the announcement after it prevailed in a bitter contest with an activist investor.

Recently there have been many acquisitions and other i-banking transactions involving financial technology companies that target low-to-moderate income consumers, according to a new study.