New York

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.

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.

New York plans to dramatically digitize its subway system, phasing out its iconic MetroCard to install contactless tap-and-go technology, bringing a dose of the 21^st century to a system that dates to 1904 but often feels even older than that.

Evans Bancorp in New York believes the business is ill-suited for community banks and that it can draw unwanted attention from regulators.

Strong loan growth at the Miami Lakes, Fla., company more than offset an increased loan-loss provision tied to Hurricane Irma and continued weakness in taxi medallion lending.

Palisades FCU will assume the New York City-based credit union’s members, shares and loans.

Growth in asset servicing offset declines in fees from foreign exchange and depositary receipt activity.

New York credit union is converting to the Symitar Episys core processing system, as well as a suite of related solutions from Synergent.

Chinese tourists visiting the U.S. may begin paying cab fares via Alipay this month in Las Vegas and next month in New York through an expanded acceptance deal with Verifone.

Harms succeeds longtime CEO Craig Mellenthien, who retired after 23 years at the credit union.

What makes Shake Shack's cashless store so potentially powerful — even if it's only one location in Manhattan — is what the burger chain can do when every customer is known to it.

Financial Institutions will incorporate Robshaw & Julian into another firm it bought early last year.

Hood has worked at CU near Niagara Falls since being hired as its bookkeeper in 1983.

The New York company, which is preparing to buy Astoria Financial, reported year-over-year increases in commercial-and-industrial and commercial real estate loans.

The Cleveland company, once criticized for an initial six-year forecast, now believes it will only take four years to rebuild its tangible book value.

While industry consolidation remains slow compared with previous years, certain regions are humming along with strong volume and improved pricing. Here’s a look at each region based on June 30 data from KBW and S&P Global Market Intelligence.

PwC reports a modest improvement in its gender pay gap. A study finds a big gender pay gap in the U.K’s financial services industry. Plus, female founders speak out about sexual harassment and explain why they kept quiet before.

The New York regulator's move is aimed at giving credit unions more opportunities to recruit new members and serve existing members.

ES Bancshares, which recently sold a branch near Poughkeepsie, plans to open second branches in the two boroughs.

A new partnership with Chicago-based fintech SpringFour aims to help financially struggling New York credit union members better connect to resources that can help them.