Holding companies facing looming debt maturities are exposed to the risk of a forced sale or possible forfeiture of the stock of their bank subsidiaries.

The next CEO at First Niagara Financial Group (FNFG), whether it ends up being interim leader Gary Crosby or someone else, will have his or her hands full overseeing the Buffalo company's comeback.

Gary Crosby will receive $1 million once he finishes his stint at interim president and CEO of First Niagara in Buffalo, N.Y.

First Niagara (FNFG) Chief Executive John Koelmel, an aggressive bank buyer who described himself in basketball terms as a "shooter," fittingly lost his job on the eve of the March Madness tournament. Here's a look at his trajectory at the bank.

InvesTex Credit Union has agreed to acquire StarTrust Federal Credit Union, the troubled former Enron credit union, in a combination of Houston institutions.

VION Receivable Investments is offering for sale a $1.28 billion portfolio of charged-off loans - including $880 million in late-stage agency recall accounts.

Bank of Virginia (BOVA) in Midlothian is committing more than $80 million to two programs involving federally backed debt.

Citizens Financial Group in Providence, R.I., has formed a health care banking group for Massachusetts, Connecticut and Rhode Island, according to a news report.

HSBC Holdings Plc, Europe’s largest bank, plans to sell its Canadian store card unit to Toronto-Dominion Bank as it closes its consumer-finance business in the country.

First PacTrust Bancorp (BANC) in Irvine, Calif., is delaying the filing of its annual report after switching auditors and seeing several top executives leave in recent months.

LNB Bancorp in Lorain, Ohio, has retired a large chunk of its bailout money by offering its owners common stock.

Enterprise said Tuesday that its banking subsidiary has reached a deal to buy Gorman & Gorman Home Loans, a division of F&M Bank and Trust in Hannibal, Mo.

The Buffalo, N.Y. company has struggled to gain traction from last year's purchase of more than 100 HSBC branches.

First Niagara (FNFG) in Buffalo, N.Y. is looking for a permanent chief executive following the abrupt departure of John Koelmel.

Insurers, private-equity firms and others could swoop in and take underwriting and syndication business (and employees) from banks held back by new capital requirements.

First Financial Corp. (THFF) of Terre Haute, Ind., is buying seven branches and two drive-up locations in Illinois from Bank of America (BAC).

A unit of SVB Financial Group (SIVB) in Santa Clara, Calif., plans to raise $300 million for a venture capital fund.

BankUnited, the Florida bank led by John Kanas, has hired two of his former colleagues at Capital One — Joe Roberto and Kelly Sheehan — to run its nascent operation in the Big Apple.

HomeStreet (HMST) in Seattle may be nearing an exit from a cease-and-desist order after paying an important debt.

Columbia Banking System (COLB) in Tacoma, Wash., and West Coast Bancorp (WCBO) in Lake Oswego, Ore., announced late Monday that shareholders from both companies approved West Coast's planned sale to Columbia.