Capital

Aquesta Financial Holdings expects to record a post-tax gain of $1.7 million from the sale of its insurance business.

The deal is designed to improve capital ratios and reduce risk at the Seattle company.

The company agreed to aquire United Bancorp. for $51 million.

Old National will have the fifth-biggest deposit market share in the city when it completes the $434 million acquisition.

The company will pay $48 million for four branches and $230 million in loans.

The groups applauded a proposal to establish minimum GSE capital requirements, but called for more immediate steps to release the companies from conservatorship.

The Connecticut company will have nearly $48 billion in assets after it buys First Connecticut Bancorp.

The deal for the Denver commercial lender joins a growing list of large acquisitions being announced in competitive urban markets.

Cadence first discussed a deal with the Atlanta target four years ago. But negotiations picked up steam once it was clear State Bank had another suitor.

The rule hews closely to a 2016 proposal but the central bank made a notable change to reflect a higher threshold for banks considered "systemically important."