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The Thursday Express: North American financials

* The Federal Reserve Board assessed a civil money penalty of $27 million against Spain's Banco Bilbao Vizcaya Argentaria and its subsidiary, New York-based BBVA Securities, for exceeding limits on the unit's securities underwriting and dealing activities previously imposed by the board.

* State Street tested a blockchain system that it could use in streamlining the securities lending process, Reuters reports.

* President-elect Donald Trump announced that billionaire investor Carl Icahn agreed to serve as a special adviser on issues relating to regulatory reform.

* In addition, Trump appointed Peter Navarro to head the newly formed White House National Trade Council.

* The SEC lodged fraud charges against Navnoor Kang, former director of fixed income for the New York State Common Retirement Fund, over alleged orchestration of a pay-to-play scheme that also involved brokers Gregg Schonhorn and Deborah Kelley.

* In Wausau, Wis., River Valley Bancorp. agreed to buy Integrity First Bank.

* Lafayette, La.-based IBERIABANK Corp. inked an agreement with the FDIC for an early termination of its 12 loss-share agreements with the agency.

* The U.S. District Court for the District of Delaware approved the terms of the settlement agreement between The Bancorp and defendants of a consolidated class-action securities lawsuit.

* Months before WellCare Health Plans agreed in principle to acquire Universal American, the White Plains, N.Y.-based insurance underwriter pursued close to a dozen potential acquirers as part of a comprehensive strategic review process.

* Joseph Ramos Jr. resigned as Siebert Financial's executive vice president, COO, CFO and secretary.

* Ni Holdings filed for an initial public offering of its common stock, offering up to 10,350,000 shares at $10.00 per share.

* Community Health Plan of Washington confirmed a data breach that exposed almost 400,000 members' private data.

* Birmingham, Ala.-based Compass Bank named Onur Genç CEO, effective during the first quarter of 2017.

* Southbridge Credit Union CEO Jeff Davenport has left the Southbridge, Mass.-based credit union, the Worcester (Mass.) Business Journal reports.

* Chris Henson, the current COO of Winston-Salem, N.C.-based BB&T, was appointed president of the company and its unit, Branch Banking and Trust, effective immediately.

* Avalon Advisors acquired Matterhorn Capital Management, with the combined entity managing more than $6 billion in assets.

* Fitch Ratings affirmed a number of Lake Success, N.Y.-based Astoria Financial's ratings, removed them from rating watch positive and assigned a stable outlook.

The Daily Dose: Express Edition is updated as of 6:30 a.m. ET. Some external links may require a subscription.