Joseph Otting | Tookter

NYCB delays profitability goal to 2026 after posting loss for fourth straight quarter

Post author:Author
Post published:October 25, 2024
Post category:Business

New York Community Bancorp NYCB-N delayed its profitability goal by a year after posting its fourth straight quarterly loss, in a sign of stress from its exposure to commercial real…

NYCB to be renamed Flagstar Financial as turnaround gathers pace

Post author:Author
Post published:October 16, 2024
Post category:Stock Market

(Reuters) -New York Community Bancorp will rename itself as Flagstar Financial, the U.S. regional lender said on Tuesday, amid efforts to turn around its struggling business.The bank came under pressure…