Paul Davis

Quarterly profit fell at SunTrust Banks in Atlanta as noninterest expense rose 8.4% and its loan-loss provision increased.

The company sued the former director over the debt, which disqualified him from board service.

The Seattle company warned that fourth-quarter profit could fall more than 80% from a year earlier.

A unit of M&T Bank in Buffalo, N.Y., has bought certain operations of Philadelphia mortgage firm Carey, Kramer, Pettit, Panichelli & Associates.

New York Community Bancorp in Westbury and Astoria Financial in Lake Success, N.Y., have terminated their merger.

BOK Financial will take a roughly $17 million earnings hit due to a change in the fair value of its mortgage servicing rights and a corresponding hedge.

Southern National Bancorp of Virginia in McLean has agreed to buy Eastern Virginia Bankshares in Glen Allen.

Renasant in Tupelo, Miss., is the latest banking company to get out of loss-share agreements with the Federal Deposit Insurance Corp.

A California bank is planning to add mortgages and home equity lines to its product set.

President-elect Donald Trump recognizes that full repeal of the Dodd-Frank Act is unlikely, though he supports a House effort to make significant changes, according to a former banker who was on the shortlist to be Treasury secretary.