New York

The First of Long Island Corp. in Glen Head, N.Y., plans a secondary offering of about $35 million of common stock.

Bank of New York Mellon and Northern Trust are charging money market investors more fees after previously cutting them major breaks in the low-rate environment.

New York Community Bancorp in Westbury and Astoria Financial in Lake Success, N.Y., are one step closer to completing their merger.

Illinois, California and New York are all taking initial steps to try to crack down on borrower abuses in the fast-growing digital lending marketplace. The states are facing pressure to intervene because federal agencies have yet to take decisive action.

Bank of New York Mellon, the custody bank under pressure from activist investors to improve results, reported a 5% increase in first-quarter profit as it cut expenses and benefited from higher interest rates in the U.S.

Emigrant Bank in New York has asked for regulatory approval to double its ownership stake in The Bancorp in Wilmington, Del.

M&T Bank in Buffalo, N.Y., has expanded the job responsibilities of René Jones, its chief financial officer and vice chairman, while at the same time naming a new CFO.

Recent steps by New York Community Bancorp to lower its borrowing costs paid off last quarter in higher net interest income and profits.

Signature Bank in New York reported record profits in the first quarter as strong loan, asset and deposit growth more than offset increased expenses and deterioration in its portfolio of taxi-medallion loans.

M&T is squeezing savings out of its newly purchased Hudson City Bancorp after fighting long and hard for regulatory approval. But it's also taking steps to keep Hudson City's customers from leaving, like offering higher rates on CDs in the New Jersey area.

Dime Community Bancshares has agreed to sell its headquarter building in Brooklyn for $12.3 million.

M&T Bank in Buffalo, N.Y., for the first time was able to report a full-quarter impact from its acquisition of Hudson City Bancorp, which took about three and a half years to complete because of regulatory challenges.

Investors are quickly choosing sides in a proxy battle at Financial Institutions in Warsaw, N.Y.

B of A is normally thought of as a U.S. economic bellwether, but it has substantial operations overseas, and its international performance last quarter provided a painful reminder of that fact.

Bank of America, the second-biggest U.S. lender by assets, said profit declined 13% on a drop in trading and underwriting revenue and a 30% increase in provisions for credit losses, mostly tied to souring energy loans.

Financial Institutions in Warsaw, N.Y., has offered an olive branch to resolve a proxy battle with an activist investor.

Noah Bank in in Elkins Park, Pa., has sued NOA Bank in Duluth, Ga., in a dispute between two Korean-American banks over trademarks and competitive intelligence.

Financial Institutions in Warsaw, N.Y., is facing a proxy battle from an activist investor intent on taking two board seats.

Amalgamated Bank in New York has recruited a former American Express executive to develop its online banking platform and has created a new position to oversee corporate philanthropy.

Apple Bank for Savings in Manhasset, N.Y., said Thursday that Chief Operating Officer Steven Bush is taking over as chairman, president and CEO from Alan Shamoon, who is retiring.