Advent Venture Partners; U.S. Bancorp (NYSE:USB); Andorra Banc Agricol Reig SA; Sociedade Comercial Orey Antunes SA (ENXTLS:ORE); Credit Andorra SA; Banca Privada d'Andorra; and Alana Partners are expected to present binding offers for Banco Inversis Net SA at the end on May 2013. All bidders have already come up with non-binding offers exceeding €100 million. All shortlisted bidders have to submit their detailed offers for Inversis by June 17. Orey was shortlisted among 25 institutions to present a binding offer for the lender. Banco Espírito Santo, S.A. (ENXTLS:BES) remained out of the second stage of the process.The interested buyers will have access to a data room in order to know better the bank's earnings and financial statements. The data room will be open until June 7. Orey is advised by Societe Generale (EPA:GLE) and N+1.

The trustee for Peregrine Financial Group is considering bringing claims against JPMorgan Chase & Co. (JPM) and U.S. Bancorp (USB) for allegedly permitting the embezzlement that brought down the brokerage last summer. Trustee Ira Bodenstein sees evidence that the banks "breached a variety of duties" to Peregrine's customers and is investigating "a number of viable claims" against them, he wrote in a complaint filed May 8, 2013 in an Illinois bankruptcy court. The court granted Bodenstein's request to delay a class-action suit against the estate while it investigates claims against the banks as well as the brokerage's former management. The banks allowed former Peregrine Chief Executive Russell Wasendorf to use segregated customer accounts as a "personal piggybank," the class-action filed by former customers in December alleges. It accuses U.S. Bank of fraud and negligence and JPMorgan of breach of contract. Wasendorf is serving a life sentence in federal prison for stealing more than $215 million from Peregrine's customers over nearly 20 years. The two banks' motion to dismiss the charges in the class-action suit will be heard on May 13, 2013.

OneWest Bank, FSB failed to find a buyer after holding informal talks with at least three investors, according to people familiar with the matter. OneWest's owners wants to get out of their investment through a sale or an initial public offering, said the people, who asked not to be named as the process was private. UnionBanCal Corporation and U.S. Bancorp (NYSE:USB) both held talks with OneWest, people familiar with the matter said in February 2013. New York Community Bancorp Inc. (NYSE:NYCB) also spoke with OneWest, one person said. "The company is focused on its business plan and becoming a public company in 2014," said Charles Sipkins, a spokesman of OneWest said. According to Bloomberg, spokesman for New York Community declined to comment, while representatives at UnionBanCal and U.S. Bancorp didn’t immediately return calls seeking comment.