The Office of the Comptroller of the Currency is expected to downgrade Wells Fargo's Community Reinvestment Act rating in January to "needs to improve," from "outstanding," according to a story by Reuters, citing unnamed sources.

The $3.5 billion-asset company submitted a shelf registration that lets it sell common stock, preferred stock, debt securities and warrants, among other things.

PrivateBancorp in Chicago has postponed a special meeting where investors were set to vote on its sale to Canadian Imperial Bank of Commerce amid growing concern that investors could reject the deal.

JPMorgan Chase, HSBC Holdings and Credit Agricole were fined a total of 485.5 million euros ($521 million) for rigging the Euribor benchmark as European Union antitrust regulators wrapped up a five-year investigation into the scandal.

The $20.7 billion-asset company said in a press release Monday that it had tapped Samuel Erwin as its regional president responsible for covering the state. Erwin will operate from Greenville, S.C.

The veteran banker, who is taking the nonexecutive chairman post at Republic First Bancorp in Philadelphia after a long hiatus from the U.S. market, stands by the model he pioneered at Commerce despite a much-changed environment.

Safra National Bank of New York has agreed to buy Bank Hapoalim's private-banking business in Miami.

Texas State Bankshares in Harlingen has agreed to buy Blanco National Holdings.

Banks in Texas and Washington are joining the growing list of financial institutions selling common stock.

Flushing Financial in Uniondale, N.Y., made $12.3 million on a recent property sale, part of a series of moves as it restructures its balance sheet.

First NBC Bank in New Orleans, which has been dealing with issues tied to its tax-credit business and concerns about capital, has removed its chief executive.

TriState Capital Holdings in Pittsburgh has terminated an agreement to buy a fixed-income team.

A trio of activist investors is targeting big U.S. financial institutions in 2017, demanding they disclose compensation data for men and women, and publish statistics about the race and gender of their employees.

The $9 billion-asset company said in a press release Monday that it bought the business assets of Ronald N. Lazzaro in Rutland, Vt., a financial planning an investment services firm.

Three fund managers and two advisory firms have soured on PrivateBancorp's planned sale to CIBC, raising the possibility that investors could nix the deal. What would happen next is anyone's guess.

Union Bankshares in Richmond, Va., has sold $150 million in subordinated notes. The $8.2 billion-asset company said in a press release Monday that the notes will initially bear an annual fixed interest rate of 5%.

Nearly a decade after he was forced to resign as CEO of Commerce Bank in Cherry Hill, N.J., the retail banking innovator was named chairman at Republic First Bancorp, which has adopted many of Commerce's practices.

Pinnacle Bank in Gilroy, Calif., is looking to raise about $3 million through a rights offering.

Community Bank System in DeWitt, N.Y., has agreed to buy Northeast Retirement Services in Woburn, Mass.

Kevin S. Kim thought he was joining a bank board to bring youth to an aging slate of directors. Eight years, four acquisitions and a banking crisis later, he is now the chief executive of the nation's largest Korean-American bank.