JPMorgan Chase & Co. (JPM)'s fourth-quarter trading revenue will be slightly down from last year, according to Michael Cavanagh, who co-runs the bank's corporate and investment bank.

The asset-based lending division will primarily provide lines of credit, loans and equipment financing to middle-market companies with annual revenue under $100 million, according to the company's Wednesday press release.

The $534 million-asset company said Wednesday that it sold about 203,000 shares of common stock and nearly 400,000 shares of non-voting common stock at $16.80 each to Castle Creek Capital Partners.

Horizon Bancorp (HBNC) in Michigan City, Ind., has agreed to buy SCB Bancorp (SCB) in East Lansing, Mich.

The $782 million-asset company said in a press release Tuesday that it halved its stake in Lender Service Provider, to 25%, during the third quarter after adding two members to the processing firm.

Capital Bank Financial (CBF) in Coral Gables, Fla., will revise certain financial statements in its 2012 annual report to reflect a better-than-expected balance sheet tied to a bank it bought.

National Bank Holdings (NBHC) in Greenwood Village, Colo., has received regulatory approval for its bank to pay a $313 million dividend to the holding company.

Recent legal settlements have compounded big banks' fears about pursuing M&A, U.S. Bancorp chief Richard Davis says.

M&T Bank Corp. (MTB) said the U.S. Securities and Exchange Commission and the Department of Justice are investigating financial reports by Wilmington Trust Corp. before M&T bought the firm.

Great Southern Bancorp (GSBC) in Springfield, Mo., bought a loan portfolio from an unnamed seller.

Choice Financial Holdings in Grafton, N.D., has agreed to buy Great Plains National Bank in Belfield, N.D.

The company lost money in the third quarter as it aggressively looked to build assets. At least one investor urged management to take a break from acquisitions during a quarterly call to discuss results.

Baylake Corp. (BYLK) in Sturgeon Bay, Wis., has agreed to buy a branch from Community Bank & Trust in Sheboygan, Wis.

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.