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Just weeks after it shook up its executive ranks and suspended efforts to pursue new customers, the New York-based business lender confirmed Friday that it is eliminating dozens of jobs.
December 16 -
Carver Bancorp once turned to Citigroup during a time of need for financial assistance. Now Citigroup has recruited Carver's former CEO to join its board.
December 16 - New York
Travelers passing through Grand Central Terminal at the height of the evening rush hour Thursday were met with the sound of beating drums and war whoops from several dozen Native Americans protesting the Dakota Access Pipeline. They had traveled all the way from the Dakotas, they said, to bring their case to the Big Apple.
December 16 -
Capital Business Credit, a New York-based business finance company, has been acquired by a San Francisco-based lender.
December 15 -
A prominent activist investor has pared back its stake in three banks.
December 15 -
PCSB Bank in Yorktown Heights, N.Y., is planning to convert to stock ownership, ending 145 years as a depositor-owned mutual.
December 15 -
Flushing Financial in Uniondale, N.Y., has raised $75 million by selling subordinated notes.
December 13 -
Gene Bruyette, a co-founder of Keefe, Bruyette & Woods, the investment bank that became one of the most prolific advisors on bank merger deals, has died. He was 90.
December 12 -
OnDeck Capital, the New York-based online small-business lender, has obtained a $200 million revolving debt facility from Credit Suisse.
December 9 -
Flushing Financial in Uniondale, N.Y., made $12.3 million on a recent property sale, part of a series of moves as it restructures its balance sheet.
December 6
