|Access Code for Dial-in and Replay:||3Q13NYCB|
|Replay:||October 23 (12:30 p.m.) – October 27 (midnight)|
Dismantling of the merger may have more to do with an activist hedge fund's agitation than regulatory concerns. Expect the Fed to OK mid-sized bank deals in the coming months
The combination had been under review by the central bank since October 2015, but analysts suggest the merger's failure does not mean the Fed is opposed to consolidation in banking.
New York Community Bancorp (NYCB) stock is falling late Wednesday morning after the bank holding company reported lower-than-anticipated earnings for the 2016 second quarter.