New York Community Bancorp in Westbury and Astoria Financial in Lake Success, N.Y., have terminated their merger.
The companies said in a press release Tuesday that their boards had "mutually agreed" to not extend the deal's termination date set for Jan. 1. The short release gave no other information.
New York Community agreed in October 2015 to
The companies announced last month that New York Community
Shareholders of both companies
The payments company's third-quarter results came in $250 million below Wall Street's expectations, disappointing investors.
The Federal Reserve's top official was emphatic that he and other leaders on the Board of Governors cannot be dismissed or demoted at will by the president.
The Vienna, Virginia-based credit union will pay tens of millions of dollars in penalties over what the agency said was "junk fees" charged to Navy Federal's customers.
AI agents can help route tasks and make decisions along the way, but a human in the loop will still be needed to ensure effectiveness.
The plea agreement, which includes a fine of more than $1.4 billion, penalizes TD for systemic money laundering violations. "We have the ability to profit, and we should be able to profit, but not at the expense of the law," said U.S. District Judge Esther Salas.
FICO's wholesale royalty will be $4.95 per score for mortgage originations, it announced. That's up from $3.25, which is the current cost of a mortgage credit score.
