Toronto-Dominion Bank, Canada's second-largest lender, may expand wealth-management operations in the U.S. as it seeks a broader market for mutual funds and investment advice.

The value of mergers and acquisitions transactions whose targets were based in Western Europe fell over 60% from December to January, according to data from information provider Zephyr on Tuesday.

NBC Bancshares LLC in Lincoln, Neb., has completed its purchase of a controlling interest in a unit of Capitol Bancorp Ltd.

Regulators have terminated two cease-and-desist orders against a small Los Angeles commercial bank after a recapitalization effort and a management shakeup.

CenterState Banks Inc. posted its first quarterly profit since mid-2011 because of bank acquisitions.

Republic Bancorp and the FDIC seemed to have put last year's legal tussle to rest after reaching an agreement to transfer ownership of Tennessee Commerce Bank.

The Minneapolis bank said Monday it has a deal to buy UMB's corporate trust business in Indiana. The move jibes with CEO Richard Davis' interest in niche acquisitions.

Frank Petrilli's longtime association with units of Toronto-Dominion has some observers wondering whether he might orchestrate a deal involving his old mates.

Asset Acceptance LLC, a Warren, Mich.-based debt buyer, has agreed to pay a $2.5 million civil penalty to settle Federal Trade Commission charges that it made a range of misrepresentations when trying to collect old debts.

Bank of America Corp. intends to shake up its investment-banking leadership and name Christian Meissner to be sole head of that business, said people familiar with the situation.

Sumitomo Mitsui Financial Group Inc. said Monday its group net profit in the April-December period dropped 20.2% from a year earlier, due partly to a reduction in deferred tax assets.

NCUA liquidated Eastern New York FCU Friday night and assigned the remnants of the one-time $60 million credit union to USAlliance FCU, the $760 million credit union based in the Manhattan suburb of Rye, N.Y.

In the matter of an evening, Tennessee jumped from having no bank failures so far this crisis, to being tied with Florida so far this year.

A unit of Town and Country Financial Corp. in Springfield, Ill., has agreed to buy a branch in Quincy, Ill., from Associated Banc-Corp.

Last year, United Community flirted with the notion of exiting the Tarp and buying failed banks. Now management is talking about major cost cutting as it struggles to post sustainable profits.

MB Financial Inc.'s fourth-quarter results fell shy of Wall Street's expectations, but things are still looking up for the Chicago company.

Underwriters are taking advantage of the broader U.S. market's liquidity, as well as a favorable dollar-to-euro exchange. U.S. investors and banking companies are among the beneficiaries.

Hancock Holding Co.'s fourth-quarter results included hefty costs associated with buying Whitney Holding Corp.

Once a leader in dial-up Internet connectivity, EarthLink Inc. is lining up banks and other businesses these days as clients for tech services like co-location and disaster-recovery.

Bank of America Corp.'s Chief Executive Friday reiterated he doesn't think the bank needs to make new acquisitions.