New York

The OCC recently gave Sterling a "satisfactory" rating and said the New York bank had addressed some concerns by the Fed that had leaked to the public and raised questions about its pending M&A deal.

Amid all the bad news this year among taxi-medallion lenders, banks are trying to renegotiate loan terms behind the scenes, and regulatory changes could prop up collateral values and the competitiveness of taxis.

Online lenders are evading New York regulations by claiming their loans are “made” by federally chartered or out-of-state partner banks, Department of Financial Services Superintendent Maria Vullo told lawmakers Monday.

Post-merger, the Long Island-based Bethpage will have assets of about $7.4 billion.

Financial Institutions in western New York withdrew plans to raise $40 million.

The former New Jersey mutual is stepping up efforts to court bigger commercial clients. The move will help Investors diversify its loan book and deploy capital while it is barred from buying banks.

The company also said it believes there are no regulatory obstacles that will derail its planned acquisition of Astoria Financial.

New York’s banking regulator on Friday filed its own individual lawsuit against the OCC's fintech charter, asking the courts to block it.

The Federal Reserve is asking Sterling to address deficiencies tied to its collection, verification and reporting of CRA data from 2014 to 2016.

A tech JV between Live Oak and First Data aims to do for small-business deposits what the bank previously did for lending.

Growth in commercial real estate loans is a big reason the New Jersey bank had a strong quarter.

The New York company also reported a wider net interest margin and lower noninterest expenses.

The Florida company relied on loan growth and loan sales to offset higher expenses and ongoing issues in its taxi medallion lending operations.

The New York Credit Union Association hailed the rule change for increasing parity with other institutions in the state.

Charlie Scharf, the former chief executive officer of Visa Inc., was named chairman of the New York City Ballet, the largest dance organization in the U.S.

The Buffalo, N.Y., company is filling gaps created when Mark Czarnecki, its former president, died in February after a battle with pancreatic cancer.

The U.S. Supreme Court ordered closer scrutiny of a New York law that bars merchants from imposing surcharges on credit card purchases, giving a group of retailers a partial victory by saying the measure might violate their free-speech rights.

The New York bank will double in size while gaining greater access to Long Island and low-cost deposits that should come in handy as interest rates rise.

The agreement comes three months after Astoria and New York Community Bancorp called off plans to merge.

The executive, who was also M&T's chief operating officer, died on Sunday after an extended illness.