Hudson Valley Holding Corp. (NYSE:HVB) is working with Keefe Bruyette & Woods Inc. on a potential sale, Bloomberg reported citing people with knowledge of the matter. Potential buyers include Sterling Bancorp.

(NYSE:STL) and People's United Financial Inc. (NasdaqGS:PBCT). Hudson Valley Holding Corp. jumped 22% to $23.01.

Sterling Bancorp. rose less than 1%, while People's United Financial Inc. gained about 1% to $14.34. Representatives for Hudson Valley Holding Corp.

and Keefe Bruyette & Woods declined to comment. Spokesmen for Sterling Bancorp. and People's United Financial Inc. didn't return calls seeking comment.