New York

Citizens Financial Group in Providence, R.I., has named Christine Cumming, a former Federal Reserve Bank of New York executive, to its board.

Some of the world's biggest banks, including JPMorgan Chase and Barclays, are exploring the use of bitcoin's underlying technology to overhaul financial markets.

Citigroup has agreed to sell its retail banking and credit card businesses in the Czech Republic to Austria's Raiffeisenbank.

MUFG Americas Holdings in New York has hired Donna Dellosso as chief risk officer for Union Bank and for its other operations in the Americas.

Evans Bancorp in Hamburg, N.Y., has agreed to pay $825,000 to settle a lawsuit that accused the company of mortgage redlining.

CIT Group in New York has formed a joint venture with the private equity firm TPG Capital to provide commercial lending.

New York Community Bancorp in Westbury has named Leslie Dunn, a Federal Home Loan Bank director, to its board.