new york

Bridge Bancorp in N.Y. to add activist to board

12/15/17

A representative from Basswood Capital will become a director in May.

[more]

Union-owned Amalgamated in N.Y. to buy San Francisco bank

12/15/17

Amalgamated's purchase of New Resource Bank is part of a broader strategy to enter more U.S. markets.

[more]

M&T finally seems ready for another bank acquisition

12/01/17

Five years have passed since M&T agreed to buy Hudson City, only to be tripped up by anti-money-laundering issues. With a clean bill of health from regulators and Hudson integrated, management is again talking about its interest in deals.

[more]

Group files application to form national bank in New York

11/22/17

New York Venture Bank would be run be a former Square 1 executive and would feature former CFPB deputy director Raj Date on its board.

[more]

Pioneering minority-run bank looks to turn the corner

11/20/17

Carver Bancorp, which has spent 70 years serving minorities in Harlem and surrounding neighborhoods, is struggling to turn a profit. As black-run banks nationwide struggle to stay afloat, Carver's CEO insists the institution is on the right track.

[more]

Financial Institutions in N.Y. raises $40M through stock offering

11/16/17

The company, which had launched an at-the-market offering in late May, plans to use the proceeds for organic growth.

[more]

Bridge in N.Y. to switch to state charter, close six branches

11/16/17

Bridge Bancorp, which plans to rebrand is bank as BNB Bank, also plans to boost 2018 profit by $3.3 million by closing 14% of its branches.

[more]

BNY Mellon names new CFO, promotes three executives to lead largest unit

11/14/17

In his first major move as CEO, Charlie Scharf has made several management changes at Bank of New York-Mellon.

[more]

It took two years to sell this bank. Now the heavy lifting starts

11/13/17

Sterling Bancorp in New York is determined to turn Astoria Financial's largely residential operation into a commercial powerhouse. While investors are skeptical, CEO Jack Kopnisky has proven in the past that such an ambitious plan is doable.

[more]

Michigan bank with far-flung markets plans IPO

11/09/17

Most of Sterling Bancorp's operations are in San Francisco and Los Angeles. The company plans to use some of the $93 million it will raise to expand in New York and Seattle.

[more]