Taylor Capital Group (TAYC) in Chicago has hired David Drury, a General Electric Capital executive, to head sales and capital markets for its equipment-finance unit.

Think you have time to wait to get in the M&A game? Think again, says Lynn Fuller of Heartland Financial in Iowa, who sees the next two years as the time to bulk up his multistate bank before prices soar.

People's Utah Bancorp in American Fork is buying Lewiston Bancorp in Lewiston, Utah.

In the first case of a state taking on bank consultants, New York regulators have banned Deloitte Financial Advisory Services from financial consulting for one year.

Intervest Bancshares bid successfully for some of its own shares in a recent Treasury Department auction.

M&T had delayed plans to buy Hudson City Bancorp because of the Federal Reserve's compliance concerns, and an order made public Tuesday details what the Buffalo, N.Y., company has to fix.

An eastern Kentucky town is reviewing whether to sell delinquent tax debts to third-party collection agencies.

Banks bulked up on collateralized loan obligations again in the first quarter for risk management and other purposes. But new deposit insurance rules are expected to deter them from buying more.

A breakdown of M&A announcements in the financial services industry for the week ended June 15.

Bank M&A activity has been slow this year outside of an occasional spurt, and the deals have been relatively modest. Stubborn sellers, strict regulators and renewed stock market volatility are among the obstacles.

First BanCorp (FBP) has traveled a bumpy road to recovery but top management hopes a clear strategy will help the San Juan, Puerto Rico, company complete its turnaround.

The chairman and CEO of JPMorgan Chase has spent months fending off critics of his leadership skills. Now he's dispensing advice about those skills on LinkedIn.

Ocwen's agreement to buy $78 billion in mortgage servicing rights from OneWest is part of a string of deals by it and other nonbanks meant to wring value from remnants of the mortgage meltdown that many banks seek to unload.

Rough calculations reveal that the Greensboro, N.C., company could be pledging nearly $2 million in tangible common equity to back Security Savings' assets.

The $625 million-asset BNCF Financial will pay about $5 million in cash for the $75 million-asset Wilton. BNC Financial said it expects no tangible book value dilution after the deal is completed.

F.N.B. Corp. in Hermitage, Pa., has agreed to buy BCSB Bancorp in Baltimore in a stock transaction valued at $79 million, or $23.77 a share. The acquisition is the company's third in less than eight months.

JPMorgan Chase (JPM) plans to break off its private-equity unit as an independent firm as the business raises a new fund backed by outside investors.

Prudential Bancorp in Philadelphia is planning a second-step conversion.

The Atlanta mortgage servicer said Thursday it would buy $78 billion in unpaid principal balances of mortgage servicing rights using a combination of cash and available credit.

NewBridge Bancorp (NBBC) in Greensboro, N.C., is acquiring a cash-strapped mutual at the behest of state regulators.