Wintrust Financial (WTFC) in Rosemont, Ill., has agreed to buy the Pewaukee, Wis., branch of The National Bank.

An big investor in SWS Group (SWS) has objected to the Dallas company's planned sale to Hilltop Holdings (HTH).

Four Oaks Fincorp (FOFN) in Four Oaks, N.C., could purge up to $50 million in assets with help from its newest investor.

Solera National Bancorp (SLRK) in Lakewood, Colo., says it tried unsuccessfully to resolve a dispute with its biggest shareholder.

A breakdown of M&A announcements in the financial services industry for the week ended April 5.

UniCredit, an Italian banking and financial services company, wants to sell a large portion of its non-performing loans along with its debt collection unit.

ServisFirst Bancshares in Birmingham, Ala., has filed plans to raise $72 million through in initial public offering.

Bankwell Financial (BWFG) in New Canaan, Conn., plans to raise nearly $61 million by selling common and preferred stock.

Popular (BPOP) in San Juan, Puerto Rico, could be looking to sell its banking operations in Chicago and Los Angeles.

Peoples Bancorp (PEBO) in Marietta, Ohio, has agreed to buy Ohio Heritage Bancorp (OHHB) in Coshocton.

The rising costs of regulatory compliance, health insurance and technology prompted Mountain Valley Bank to merge with a company that once was its biggest investor.

Federal banking regulators have signed off on Umpqua Holdings' (UMPQ) agreement to buy Sterling Financial (STSA).

Opus Bank in Irvine, Calif., has launched an initial public offering that could yield as much as $223 million for the company and its shareholders.

BancorpSouth, an active M&A player in the Gulf Coast region, is losing four directors, including longtime Chairman Aubrey Patterson, while adding two others.

AnchorBank in Madison, Wis., has been released from two enforcement actions from the Office of the Comptroller of the Currency.

Banco Santander SA (SAN), Spain's biggest bank, bought the private banking unit of BNP Paribas SA (BNP) in Miami to help to win more business from wealthy Latin American clients, two people with knowledge of the matter said.

First Tennessee Bank, a unit of First Horizon National (FHN), is opening its first branch in Texas.

Blythe Masters, who rose from an intern at JPMorgan Chase & Co. to global head of a commodities powerhouse, is exiting after 27 years as the bank completes the sale of businesses she oversaw.

Royal Bank of Scotland says it still plans to sell part of its interest in RBS Citizens later this year. American Banker examines various outcomes for the U.S. bank, ranging from an IPO to an outright sale.

Distressed-bank rollups were all the rage among private-equity and hedge fund investors in the early days of the financial crisis. The results have been decidedly mixed, as the following examples illustrate.