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Astoria Financial (AF) in Lake Success, N.Y., boosted its quarterly profit nearly 40% by reining in costs.
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Astoria Federal Savings in Lake Success, N.Y., has hired an HSBC executive to lead its retail division.
Mayra DiRico has been named senior vice president and director of retail banking for the $16.2 billion-asset subsidiary of Astoria Financial (AF). She reports to Brian Edwards, managing director of retail banking, the company said Monday.
DiRico succeeds Robert Volk, who retired in February.
DiRico joined Astoria from HSBC, where she served most recently as executive vice president of its operations in the Northeast, overseeing 180 branches. She also managed its Florida and Mid-Atlantic regions during her tenure at HSBC.
HSBC pared down its branch network in the Northeast with the
Astoria is trying to sharpen its focus on "serving as our customers' trusted financial advisor throughout our branch network and across multiple delivery channels," Edwards said in a news release. "[DiRico]'s leadership and track record throughout the many diverse communities we serve in this market will contribute greatly to Astoria's continued growth and success."