NorthFork And Greenoint Banks In New York Merge

North Fork Bancorp agreed to buy rival GreenPoint Financial in a $6.3bn stock deal, creating a merger in two of Mew York's biggest banks. Together the combined banks possess more than $50bn in assets and $30bn in deposits and have

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North Fork Bancorp agreed to buy rival GreenPoint Financial in a $6.3bn stock deal, creating a merger in two of Mew York’s biggest banks. Together the combined banks possess more than $50bn in assets and $30bn in deposits and have 340 branches within the New York area.

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