J. Thomas Wiley will become chief executive of the company's banking unit. The move could free up Joe Evans, the company's CEO, to focus on deploying capital, which could include more acquisitions.

Texas Capital Bancshares in Dallas plans to raise about $150 million by selling common stock.

BB&T successfully bought a number of thrifts in the aftermath of the S&L crisis. Retired BB&T CEO John Allison explains his company’s success while discussing how he sold deals to leaders of target institutions. Part 3 of 5.

BB&T's retired CEO has a new book, "The Leadership Crisis and the Free Market Cure." Allison, who now heads the Cato Institute, still has thoughts on banking to share — and criticism to sling. Here are some highlights.

Sturgis Bancorp in Sturgis, Mich., has agreed to buy West Michigan Savings Bank in Bangor.

BOK Financial in Tulsa, Okla., will close or relocate all of its branches inside grocery stores in New Mexico, Oklahoma and Texas in a move it says will reduce overhead by $7 million to $8 million a year.

Kelly King of BB&T is an M&A trailblazer, but he isn't doing so intentionally. In announcing plans to buy Susquehanna Bancshares, King said he believes more bankers are becoming more confident maneuvering the choppy regulatory environment.

Richard Davis, asked during a conference about BB&T's $2.5 billion purchase of Susquehanna Bancshares, made it clear that his company has no interest in large, out-of-market acquisitions.

The Rural Housing Service has said it will stop accepting new mortgage applications for one week in an effort to clear through its huge backlog.

The $5.8 billion-asset company said in a press release Wednesday that Shelley Seifert would fill the newly created role.

Carver Bancorp in New York has named a new chief lending officer and president of its community development unit.

A growing number of Americans frequent payday lenders, check cashers and other firms outside the financial mainstream, and with good reason: they cannot get reliable and affordable service from the country's biggest banks.

HomeTrust Bancshares in Asheville, N.C., has hired a team of commercial lenders to open its first office in Raleigh, N.C.

ConnectOne Bancorp in Englewood Cliffs, N.J., expects to record a charge in the fourth quarter tied to an online fraud scheme.

Retired BB&T CEO John A. Allison shares tips on brokering a deal and making an acquisition thrive in his latest book. This is part 2 of 5.

BB&T has agreed to buy Susquehanna Bancshares for about $2.5 billion in cash and shares to expand in the Mid-Atlantic region.

The new owners of First Mariner Bank believe the Baltimore bank could return to profitability in the first quarter.

Approval rates for small-business loans dropped at big banks for the first time in seven months, as nonbanks continue to grant loans at a much more generous pace.

Pennant Management, which says it bought $179 million in bogus USDA-backed loans, claims the agency put up barriers to verifying the loans that indirectly enabled the alleged fraud.

BB&T completed more than 100 acquisitions under now-retired Chief Executive John A. Allison. In an excerpt from his latest book, Allison discusses his reasoning for M&A, while providing a blueprint for scouting targets. This is part 1 of 5.