New York

BNY Mellon plowed some of its tax law savings into restructuring efforts.

Lower East Side People's Federal Credit Union's case against the appointment of Mick Mulvaney as head of the CFPB turns on whether it has standing to sue.

Leonard Stekol, Ridgewood's president, succeeded Peter Boger, who ran the bank for 18 years.

The company, which sold about $3 million in stock through a private placement, also plans to add branches on Staten Island.

PHH Corp. agreed to a $45 million settlement to resolve allegations from 49 states and the District of Columbia that it engaged in "foreclosure process abuses" involving "inconsistent signatures" in its servicing business from 2009 to 2012. The settlement comes as the nonbank mortgage company continues its legal challenge to a separate regulatory action by the CFPB.

Kevin Stein, who runs a private equity firm, has also supervised banking groups at Barclays and FBR Capital Markets.

Amalgamated in New York wants to enter several left-leaning cities across the country, but it might be tough to find more like-minded banks to buy.

Bankers remember Bob Wilmers not only for spearheading the growth of M&T, but also embracing his role as the industry's voice in turbulent times.

The purchase will significantly increase Hancock's assets under management and administration.

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