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The yield curve has steepened in recent weeks, but bankers caution that it could take months or years for any benefits — or risks — to become apparent in financial results.

Pinnacle Financial Partners in Nashville, Tenn., has added the president of a Knoxville, Tenn., accounting firm to its board.

India and China are both huge markets for cards that are also fraught with regulatory and political hurdles. To better address these markets, MasterCard has created two regional divisions and promoted executives with expertise in both countries.

Glenn Moyer, the former banking commissioner of Pennsylvania, has joined a banking risk-management consulting firm.

Wells Fargo has hired a new head of commercial real estate lending for its Orange County, Calif., office.

MUFG Union Bank in San Francisco has named Michael Feldman head of its wealth markets group.

Signature Bank in New York has added former Rep. Barney Frank to its board. The $29 billion-asset company said that Frank filled a seat previously held by Alfred DelBello, a former lieutenant governor of New York who died last month. This is Frank's first appointment to a bank board.

BOK Financial in Tulsa, Okla., and Webster Financial in Waterbury, Conn., each reported that its Tier 1 common equity ratio would remain above regulators' minimum guideline, as regional banks continue to disclose Dodd-Frank Act stress-test results.

SmartFinancial in Pigeon Forge, Tenn., has hired a chief experience and strategy officer, ahead of its planned acquisition of Cornerstone Bancshares in Chattanooga, Tenn.

Beneficial Bancorp in Philadelphia has hired a former Susquehanna Bank executive as a consultant.

More than a year after the CFPB revamped its employee rating system following allegations of discrimination, Equal Employment Opportunity complaints have surged and the agency faces ongoing accusations of bias and retaliation against workers who speak out.

NCUA and AARP will host an online presentation for consumers and credit unions on how to prevent elder financial abuse.

Mechanics Bank in Walnut Creek, Calif., shook up its top leadership post following its sale to a Dallas investment group.

The $18.7 billion-asset company said in a press release Monday that Eric Yeaman will also become its chief operating office on June 22.

Revere Bank in Laurel, Md., has raised $15.5 million through a private placement of its common stock. The $717 million-asset bank sold 1 million shares at $15.50 per share.

SunTrust Banks in Atlanta has promoted its head of commercial specialty segments to corporate treasurer.

Institutions with $5 billion to $50 billion in assets have gained a bigger slice of the industry's assets since 2010 by focusing on specialized lending and redefining their markets.

Opus Bank in Irvine, Calif., has named a new head of commercial real estate lending after its current leader resigned.

M&T Bank in Buffalo, N.Y., has named Robert Brady vice chairman and lead independent director.

Rita Lowman, chief operating officer at C1 Financial in St. Petersburg, Fla., has been named chairwoman-elect of the Florida Bankers Association.