Retail & Commercial

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.

Citigroup's nearly half-billion-dollar outlay for restructuring costs could prove tremendously beneficial, but a lot of work has to be done and it still has to produce more revenue growth in the future.

Freedom Mortgage of Mount Laurel, N.J., has agreed to pay $113 million to settle government allegations that it failed to comply with Federal Housing Administration requirements for originating and servicing FHA-insured loans.

Cyberthieves using malicious software discovered by IBM Security have stolen $4 million from business customers of two dozen financial services providers this month, IBM said.

A partnership with a firm that makes consumer loans through Home Depot stores is exceeding all expectations at Regions Financial. The company is counting on arrangements with two other alternative lenders to further drive loan growth.

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

Senior members of the Obama Administration posted a blog advocating "a moral case" for putting an end to payday lending abuses, citing support from a variety of religious leaders.

The Memphis, Tenn., company's forecast for the remainder of the year calls for cost saves from a branch-reduction effort that's gaining momentum as online and mobile banking grow and monthly visits to branches plummet.

Meridian Bank in Malvern, Pa., has raised $13.8 million through a sale of common stock.