New York

CIT Group in New York has formed a joint venture with the private equity firm TPG Capital to provide commercial lending.

New York Community Bancorp in Westbury has named Leslie Dunn, a Federal Home Loan Bank director, to its board.

Esquire Bank, a Garden City, N.Y., bank that specializes in financial services for law firms, has raised $19.1 million in a private placement of common stock.

Astoria Financial in Lake Success, N.Y., has named a former Citigroup banker a director of business banking.

Though one of the defendants in the case appeared in a federal court in New York earlier this week, no pleas have been entered in the illegal Bitcoin exchange with ties to a small, low-income CU in New Jersey.

Empire National Bank in Islandia, N.Y., has named former Commerce Bank president and chief executive Robert Falese to its board.

A federal judge has overturned a New York City law that would have required banks to make new disclosures regarding their investments in local communities.

An Astoria Financial investor is demanding that the Lake Success, N.Y., company explore a possible sale or other ways to increase shareholder value.

Digital Federal Credit Union of Marlborough, Mass., and USAlliance Federal Credit Union of Rye, N.Y., have launched new mobile banking apps that feature integration with wearable devices.

Student lending startup CommonBond has hired Morgan Edwards, a longtime Wall Street leveraged debt specialist, as its chief financial officer.

Two Florida men with connections to a $200,000-asset New Jersey credit union are being investigated by the FBI for running an unlicensed Bitcoin exchange for the purposes of money laundering.

New York Community Bancorp in Westbury reported a modest increase in quarterly profit that included asset sales.

Signature Bank in New York reported higher second-quarter profit due to a rise in interest-earning assets.

The Federal Reserve Board issued an enforcement action against one of the biggest banks in China on Tuesday, ordering its New York branch to undergo broad restructuring of its anti-money-laundering compliance program.

Signature Bank in New York hired a BankUnited executive and four salesmen and underwriters for its new direct commercial-vehicle financing business.

Preferred Bank in Los Angeles has agreed to buy United International Bank in Flushing, N.Y.

M&T Bank in Buffalo, N.Y., reported higher quarterly profit that reflected increased fees and higher net interest income.

Hudson River Community Credit Union and Capital Communications Federal Credit Union jointly announced their participation in the CO-OP Shared Branch Network.

Signature Bank in New York has partnered with Financial Software Solutions to expand the products and services that it offers bankruptcy trustees.

Signature Bank in New York has formed a subsidiary to specialize in municipal finance and hired three executives for the division.