New York

State Street has agreed to buy General Electric's asset management unit for as much as $485 million.

A former staff attorney with New York's city government has been named the top lawyer for the New York State Department of Financial Services.

A program recently started in New York helps entrepreneurs improve their business plans and cash flow before sending them to a bank. The nonprofit lender behind the program, meanwhile, hopes to boost small-business borrowers' credit scores and lower their rates.

Sterling Bancorp in Montebello, N.Y., plans to raise $105 million in a debt sale to fuel potential acquisitions of commercial lenders.

Seacoast Banking Corp. of Florida in Stuart has reached an agreement with an activist investor after signs had emerged of a potential proxy battle.

JPMorgan Chase has formed an initiative to expand conference access to people with physical disabilities.

The New York State Appellate Division of the Supreme Court ruled on Tuesday that the activist investor Joseph Stilwell cannot force NorthEast Community Bancorp in White Plains, N.Y., to convert to a fully stock-owned bank.

Shareholders of KeyCorp in Cleveland and First Niagara Financial Group in Buffalo, N.Y., have approved Key’s planned purchase of First Niagara.

Bank of New York Mellon has agreed to pay $3 million to settle an investigation into its handling last year of a major software system crash.

An activist investor is laying the groundwork for a potential proxy battle with Seacoast Banking Corp. of Florida in Stuart.