new york

Sterling in N.Y. continues to reshape its loan book with acquisitions


The company has agreed to buy a portfolio of commercial loans from Santander Bank.


Israel Discount Bank in New York has new CEO


Ziv Biron succeeded Uri Levin, who was named CEO of Discount Bank, IDB's Israeli parent company.


Customers Bancorp banking cannabis firms in New York, Pennsylvania


The company will offer deposit-related services to firms with permits for hemp and CBD.


Chemung in N.Y. discloses exposure to loan default


The loan participation has been flagged for potentially fraudulent activity.


Pioneer in N.Y. issues warning on potential client fraud


The company says its exposure involves a participation loan to a business customer for which it was the originator.


U.S. ATM inventor celebrates its 50th anniversary


Donald Wetzel, the man who devised the first U.S. cash dispenser, says automated tellers will always exist — even as they evolve beyond their initial purpose.


HSBC presses its advantage as contactless-only issuer


As major U.S. cities continue to implement contactless tap-and-go acceptance to collect transit fares, at least one bank sees this trend as an opportunity to put its cards on center stage.


Ink barely dry on two deals, OceanFirst chief scouting another


Christopher Maher is kicking the tires on an "acquisition of size" that would propel the New Jersey bank across the $10 billion-asset mark.


CIT buys itself wiggle room with Mutual of Omaha Bank deal


Acquiring the Nebraska bank would give CIT Group access to billions of low-cost deposits to fuel a go-it-alone growth plan. CEO Ellen Alemany says it could also make her company "more valuable" to potential buyers if it ever wants to sell.


Investors Bancorp's about-face from seller to buyer


The New Jersey company was reportedly shopping itself around last fall. Fresh off an agreement to buy Gold Coast Bancorp in New York, CEO Kevin Cummings says he is ready to explore other acquisitions.