Malvern Bancorp (MLVF) in suburban Philadelphia announced Wednesday the resignation of president and chief executive Ronald Anderson.

Customers Bancorp and CMS called off their merger and are fighting over whether Customers owes a $1 million breakup fee. Emotions run high in these cases, but bank execs need to learn to avoid such distractions to protect long-term growth strategies, experts warn.

The company paid out billions to settle mortgage issue, cut jobs and shed a noncore business. Investors hope those moves will position SunTrust for a solid 2014.

RBS Citizens Financial Group in Providence, R.I., has appointed Tony Di lorio, a former chief financial officer for Deutsche Bank, to its board of directors.

Fidelity Homestead Savings Bank in New Orleans has acquired regional mortgage lender NOLA Lending.

After losing a football-related bet with his San Francisco counterpart, Charlotte market president Charles Bowman tweeted a picture of himself dressed as the 49ers' mascot.

Great Southern Bancorp (GSBC) in Springfield, Mo., has agreed to buy two branches from Boulevard Bank in Neosho, Mo.

Washington Federal (WAFD) in Seattle reported substantial deposit runoff tied to its purchase of 51 Bank of America (BAC) branches.

The San Francisco bank's solid gains in auto, business and other lending could bode well for other large and regional banks, analysts say.

Banks should brace for smaller mergers as technology vendors look to provide more one-stop shopping.

More than $23 million owed to Lancaster County, Pa.'s Adult Probation and Parole Department was on the table last May when seven collection agencies competed for the right to pursue the delinquent accounts, according to information provided Monday after Lancaster Newspapers filed a Right-to-Know request.

The Lafayette, La., bank ended its M&A break Monday by announcing an agreement to buy a nearby rival, Teche Holding. It says more deals are likely, adding to the rise of buyers based in the South.

Banks could save money -- and avoid having to sell to, or buy other, banks -- by sharing the costs of compliance checks, account databases and even branch space, a new report from the accounting firm EY suggests.

The Federal Reserve will allow Hong Kong-based Wing Lung Bank to expand in California as Chinese lenders boost their U.S. presence.

A breakdown of M&A announcements in the financial services industry for the week ended Jan. 11.

New York Community Bancorp CEO Joseph Ficalora continues to look for a transformative acquisition to cross $50 billion in assets -- even if it invites extra regulatory scrutiny.

Iberiabank Corp. (IBKC) in Lafayette, La., has agreed to buy Teche Holding (TSH) in New Iberia, La.

The $4.7 billion-asset company and certain investors are planning to raise up to $230 million through an initial public offering.

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Merchants Bancorp in Hillsboro, Ohio, has agreed to buy certain assets and assume certain liabilities of a DCB Financial (DCBF) branch.