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News & Analysis: Astoria Financial
After a long (but unfruitful) dance with New York Community Bancorp, Astoria Financial has made a new deal to merge with Sterling Bancorp.
New York Community Bancorp is terminating its merger agreement at the end of 2016. How does this affect investors?
Could a major dividend cut be looming? And does that even matter over the long term?
They probably would have had to do it anyway and the deal should not be judged solely on that.
Potential problems with NYCB adding Astoria Financial to its wagon train.
New York Community Bancorp expects huge quarterly interest savings.
This week's episode of Industry Focus: Financials covers the NYCB-Astoria Financial merger, The Bank of New York Mellon, and whether or not CEOs should live in the same city as their headquarters.
The successful Gotham lender buys fellow New Yorker Astoria Financial for $2 billion.
There's more to this merger than meets the eye.