Capital One (COF) is expanding its board of directors with the addition of two banking industry veterans, including a former top official of the Consumer Financial Protection Bureau.

Financial Institutions (FISI) has ended its months-long search for a new chief executive with the promotion of an insider.

Two large community banks merging in South Carolina could create the next Southeast regional player and acquirer of choice.

Less than a year after stepping down as chairman of Atlantic Coast Financial (ACFC) in Jacksonville, Fla., Jay Sidhu is seeking to oust three members of the company's board and replace them with a new slate of directors.

After 10 years of helping to build up expectations at PNC, Bill Demchak will have to surpass them after he becomes CEO this spring.

First Financial Bankshares (FFIN) in Abilene, Texas, has agreed to buy Orange Savings Bank in Orange, Texas.

JPMorgan Chase (JPM) is facing another call from institutional investors to separate the roles of chairman and chief executive.

Securant Bank in Menomonee Falls, Wis., has agreed to sell its trust business to an Illinois bank.

PremierWest Bancorp's campaign to persuade shareholders to approve a merger with AmericanWest Bank has not yet reached its goal. The deal is on hold for one more month as the companies wait for proxy votes to come in.

Solera National Bancorp in Lakewood, Colo., is revisiting a deal that regulators blocked three years ago, with a few modifications.

Rich Munroe, president of Capital Financial Group Inc, has been named president of DBA International, the largest trade association representing debt buyers officially announced Wednesday.

SCBT Financial in Columbia has agreed to buy First Financial Holdings in Charleston in a deal between South Carolina banks.

Elliott Management, a firm controlled by hedge fund manager Paul Singer, bought roughly 3.8 million shares of National Bank Holdings' stock during the fourth quarter, according to an SEC filing.

For the processor Total System Services (TSS), buying the prepaid card marketer NetSpend (NTSP) is transformational. For NetSpend it's going to be business as usual, the companies say.

Payment processor TSYS (TSS) is bolstering its position in the prepaid card market through big acquisition.

Capital One is backpedaling from one of its two big deals last year, dumping a $7 billion credit card portfolio as it struggles to justify the rest of its investment.

F.N.B. in Pennsylvania announced Tuesday it would acquire PVF Capital, a rehabbed thrift, as a platform for C&I growth in Cleveland.

A breakdown of M&A announcements in the financial services industry for the week ended February 16.

Southern BancShares has agreed to acquire Heritage BancShares in Lucama, N.C., for cash and stock, the companies announced Friday. The deal is expected to be completed in the second quarter.

OneWest Bank, the lender formed out of the remains of failed IndyMac Bancorp, has held informal sales talks in recent weeks with at least two potential buyers, said people familiar with the matter.