A group of investors has raised its stake in Doral Financial on a belief that the San Juan, Puerto Rico, company will prevail in its effort to claim a $230 million tax refund from the territory's government.

Hampton Roads Bankshares in Virginia Beach has named John Marshall Jr. as chief risk officer. He succeeds Robert Bloxom, who retired from Hampton Roads at the end of September.

Puerto Rico's economy has been in disarray for eight years, and it's taken many banks down with it. OFG weathered the financial crisis and is considering how to capitalize on its status as the island's healthiest bank.

Suffolk Bancorp in Riverhead, N.Y., has sold its wealth management business to a unit of Provident Financial Services in Jersey City, N.J.

A federal judge has dismissed a lawsuit by the founders of CertusBank that claimed they were fired as part of a racist conspiracy at the Columbia, S.C., company.

Chemical Financial in Midland, Mich., has agreed to buy Monarch Community Bancorp in Coldwater, Mich.

MVB Financial and CFG Community Bank have terminated their purchase-and-assumption agreement, a year after announcing the deal.

Bank of Colorado in Fort Collins announced Friday that it is buying the $234 million-asset MontroseBank in Colorado's western slope.

The Federal Deposit Insurance Corp. on Friday released its list of enforcement actions from September, including a consent order that played a role in derailing two planned acquisitions.

A recap of the informed opinions (and the discussions they generated) on BankThink this week.

Wayne Savings Bancshares in Wooster, Ohio, appointed H. Stewart Fitz Gibbon III as president and chief executive of the company and its banking unit.

MB Financial in Chicago saw its earnings dip thanks mainly to costs associated with its acquisition of Taylor Capital Group.

The $1.5 billion-asset bank lost $15 million in the third quarter, its twelfth straight quarterly loss, according to a Federal Deposit Insurance Corp. call report made public Friday.

Investors Bancorp in Short Hills, N.J., reported higher third-quarter earnings, fueled by strong loan growth.

First Financial Bancorp in Cincinnati saw its earnings rise slightly in the third quarter because of acquisitions and loan growth.

Megabanks continue to increase their share of personal trust and fiduciary assets, leaving most small banks on the margins of the business. But community banks could stage a comeback by focusing on quality service and the slightly less-rich.

The Bancorp in Wilmington, Del., said on Friday that it has eliminated its commercial lending operations, amid pressure from regulators to fix its anti-money laundering procedures.

New York Private Bank scored a victory this week when it lured two entertainment industry lenders away from Comerica Bank to head up its new film finance division. But the small, New York-based bank is also entering a fiercely competitive field. Here are some of the major players it will be up against.

Green Dot announced Thursday that its revenue and net income rose in the third quarter as the firm found ways to earn more money from its base of 4.6 million active prepaid cards.

Profits at United Bankshares soared in the third quarter thanks largely to a recent acquisition, but credit quality weakened slightly as several commercial borrowers struggled to repay their loans.