New York

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.

An Astoria Financial investor is demanding that the Lake Success, N.Y., company explore a possible sale or other ways to increase shareholder value.

Digital Federal Credit Union of Marlborough, Mass., and USAlliance Federal Credit Union of Rye, N.Y., have launched new mobile banking apps that feature integration with wearable devices.

Student lending startup CommonBond has hired Morgan Edwards, a longtime Wall Street leveraged debt specialist, as its chief financial officer.

Two Florida men with connections to a $200,000-asset New Jersey credit union are being investigated by the FBI for running an unlicensed Bitcoin exchange for the purposes of money laundering.

New York Community Bancorp in Westbury reported a modest increase in quarterly profit that included asset sales.

Signature Bank in New York reported higher second-quarter profit due to a rise in interest-earning assets.

The Federal Reserve Board issued an enforcement action against one of the biggest banks in China on Tuesday, ordering its New York branch to undergo broad restructuring of its anti-money-laundering compliance program.

Signature Bank in New York hired a BankUnited executive and four salesmen and underwriters for its new direct commercial-vehicle financing business.

Preferred Bank in Los Angeles has agreed to buy United International Bank in Flushing, N.Y.