Saehan Bancorp (SAEB) shareholders have more time to decide on how they get paid in the buyout by Los Angeles rival Wilshire Bancorp (WIBC).

As traditional loan refinancing slows, corporate borrowers around the world are flexing their muscles to reduce pricing on existing syndicated loans at a record pace.

The Treasury Department is taking a roughly 45% discount its latest auction of Troubled Asset Relief Program shares.

StoneCastle Financial in New York launched its $110 million initial public offering Thursday.

Banc of California's (BANC) president has resigned after the Irvine company reported a large quarterly loss and dive in its capital ratios.

Peapack-Gladstone Financial (PGC) in Bedminster, N.J., has launched a $42 million rights offering.

Eastern Bank in Boston has acquired an insurance agency in Lynnfield, Mass.

The $19.3 billion-asset company plans to merge its Hancock Bank and Whitney Bank subsidiaries in the first quarter of 2014, pending regulatory approval, it said Thursday.

The $649 million-asset company said late Thursday that it had retained Sterne, Agee & Leach, making the announcement after it prevailed in a bitter contest with an activist investor.

Recently there have been many acquisitions and other i-banking transactions involving financial technology companies that target low-to-moderate income consumers, according to a new study.

Federal Reserve Board Gov. Jeremy Stein warned Thursday that the current scope of regulatory tools will be insufficient to ward off the risks associated with asset fire sales.

The $1.7 billion-asset company said Thursday that it closed two branches last month, and that another four branches will close by next March.

Payment services provider EVO Payments International has agreed to acquire a majority interest in PKO Bank Polski's merchant-acquiring business in Poland.

Southern Missouri Bancorp (SMBC) in Poplar Bluff has agreed to buy Citizens State Bankshares of Bald Knob in Arkansas.

Fannie Mae earned $8.7 billion in the third quarter ended September 30, its seventh straight profitable quarter.

Radius Global Solutions LLC announced Wednesday that industry veteran Steve Leckerman has joined the firm as a partner and managing director.

The executive carousel keeps turning among Korean-American banks. BBCN Bancorp in Los Angeles has hired Daniel Kim as its chief planning officer. Kim is CFO and acting president at Saehan Bancorp, which is in the process of selling itself.

Some banks have been successful in serving a client base that ranges from mom-and-pop operations to multinational conglomerates, but the most profitable and efficient ones tend to have more targeted strategies, according to a new report from McKinsey & Co.

ACI Worldwide (ACIW) has completed its purchase of Official Payments Holdings (OPAY), a seller of electronic bill payment technology.

Capital Funding Group in Baltimore is selling its CFG bank unit after four years of ownership to concentrate on the less-regulated field of health-care financing. It joins a wave of firms that are streamlining themselves in the face of Basel III and other regulations.