Louisiana Community Bancorp in Houma has agreed to buy Tri-Parish Bancshares in Eunice, La.

The custody bank's $485 million purchase of GE Asset Management is consistent with its plan to invest in higher-growth, higher-return business lines. But analysts say the deal won't move the needle enough to alleviate short-term pressure on top-line growth.

NBNK Investments, the investment company backed by U.S. billionaire Wilbur Ross and once led by former Lloyd's of London Chairman Peter Levene, will close after a six-year failure to acquire European banking assets.

Kearny Financial completed its IPO less than a year ago and already it has found itself in the crosshairs of Lawrence Seidman. The well-known activist is pushing for the resignation of several board members he says are overcompensated and is urging shareholders to vote against a proposal on director pay this fall.

Citizens National Bank in Henderson, Texas, has agreed to buy Kilgore National Bank in Kilgore, Texas.

Hampton Roads Bankshares in Virginia Beach juggled a search for a new chief executive while also arranging for its eventual merger with Xenith Bankshares in Richmond, Va.

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BofI Holding is looking to make more acquisitions and its leader says he doesn’t think accusations from a former employee are unlikely to hold up a deal, even though they’ve dragged down the stock price.

Fifth Third Bancorp has confirmed that it offered some of its employees buyouts to reduce costs.

Banc of California in Irvine has agreed to sell its wholly owned investment adviser subsidiary, The Palisades Group.

First Interstate BancSystem in Billings, Mont., announced its third deal in two years as it inched closer to $10 billion of assets.

The deal to buy TradeKing would allow the online-only bank to offer wealth-building products to its roughly 1.1 million depositors. The additional low-cost deposits could also help fund loan growth as it looks to expand beyond auto lending and into mortgages and credit cards.

In a more competitive-than-ever industry, sales activity is an important part of bankers' jobs, but it is not the only part.

Financial Institutions in Warsaw, N.Y., is facing a proxy battle from an activist investor intent on taking two board seats.

Wealth management revenue has been a bright spot on bank earnings for the last few years, but regulatory changes to the way advisers can charge for their services will likely dramatically change the business.

JPMorgan Chase, drawing from its experience in the Motor City, has created a $125 million program designed to help community development financial institutions make bigger investments in impoverished neighborhoods.

USAmeriBancorp in Clearwater, Fla., has completed a private placement to institutional investors of $45 million in subordinated notes.

In an interview, FDIC Chairman Martin Gruenberg said the agency will work with banking groups, state commissioners and others to help foster the growth of new banking charters.

Ally Financial announced Tuesday that it had agreed to buy the online brokerage firm TradeKing Group for approximately $275 million. TradeKing, based in Fort Lauderdale, Fla., has roughly $4.5 billion in client assets.

State Bank Financial in Atlanta has agreed to buy NBG Bancorp in Athens, Ga.