NEW YORK -- Two community groups have challenged Bank of New York Co.'s plan to buy 63 branches from Barclays Bank.

East Harlem Interfaith and Inner City Press/Community On the Move filed challenges to the acquisition with state and federal banking regulators on Monday.

Limited Time Offer

Save $400 off your subscription. Special offer ends April 30, 2017.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.