New York

Piermont Bank opens doors in New York

Commercial lender Piermont Bank- the first new state-chartered lender in New York in more than a decade- has launched operations.…

New York slaps $65m fine on Wells Fargo over cross-selling scandal

The US state of New York has imposed a penalty of $65m on Wells Fargo & Company for its cross-selling…

New York sues federal government over national bank charters to online lenders

The New York State Department of Financial Services has sued the federal government to prevent awarding national bank charters to…

PrecisionLender to set up new offices in New York and London

PrecisionLender, a provider of applied banking insights to commercial banks, has revealed plans to set up offices in New York…

RBS to pay $500m to New York for deceptive marketing of mortgage-backed securities

The Royal Bank of Scotland (RBS) has reached a settlement with New York to pay $500m for using deceptive practices…

New York City suspends business ties with Wells Fargo

New York City mayor Bill de Blasio and comptroller Scott Stringer has decided to suspend dealings with Wells Fargo owing…