New York Community Bank

Rescued New York Community Bank to Lay Off 700 at Its Flagstar Subsidiary

Struggling New York Community Bancorp (NYCB) said Friday that it is cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors ...

October 19, 2024BY The Associated Press
New York Community Bank Receives $1 Billion Lifeline After Stock Plummets

Former Treasury Secretary Steven Mnuchin will join the bank’s board of directors.

March 6, 2024BY Andrew Moran
Fed’s Powell Shrugs Off Commercial Real Estate Woes as NYCB Stock Slumps

The Fed chief's comments come as financial markets brace for a potential bank failure.

March 6, 2024BY Andrew Moran
New York Community Bancorp Unit to Buy Signature Bank Assets in $2.7 Billion Deal

A subsidiary of New York Community Bancorp will purchase a significant portion of the failed Signature Bank under a ...

March 20, 2023BY Katabella Roberts