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Citigroup's (C) sale of its consumer banking franchise in the Philippines will free up $300 million of allocated tangible common equity and increase tangible common equity by nearly $500 million.

Related tickers: C, FCFS, WSFS, BMTC.

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WSFS Financial (WSFS) buyout of Bryn Mawr (BMTC) is green-lighted by the Federal Reserve System, reflecting the regulator's confidence in the rationale behind and the synergies of the acquisition.

Related tickers: FCFS, WD, WSFS, BMTC.

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