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Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary, with more cuts coming
18 Oct 2024 18:56 GMT
Struggling New York Community Bancorp said Friday that it was cutting 700 jobs at its Flagstar subsidiary as it tries to return to profitability after being rescued by investors earlier this year.
The bank said the cuts amount to 8% of its head count and …
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Financial Institutions MA Key Trends and Outlook
03 Feb 2025 21:29 GMT
… by the challenges faced by New York Community Bank in early 2024. The CFPB … or antitrust approvals) and warrants. New York Community Bancorp faced weakness in its multifamily … a precipitous stock market decline, New York Community Bancorp raised $1 billion in …
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Why New York Community Bancorp Zoomed Higher This Week
20 Sep 2024 22:45 GMT
… Moss shifted his recommendation on New York Community Bancorp from the previous underweight (sell … expected some degree of chop.
New York Community Bancorp isn't realistically poised … #39;t make him a New York Community Bank bull, however, as he cautioned …
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Earnings call: New York Community Bancorp outlines strategic shift
26 Jul 2024 00:05 GMT
… enhance shareholder value.
InvestingPro Insights
New York Community Bancorp, Inc. (NYCB) is … investment profile. Pro forma New York Community Bank currently trades at roughly … that energy about Flagstar, New York Community Bank kind of rebounding back …
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New York Community Bancorp sells $7.5 billion in assets
25 Jul 2024 20:49 GMT
Executives of New York Community Bancorp Inc. said Thursday the Hicksville- … Bank, Queens County Savings Bank, New York Community Bank and other brand names were …
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New York Community Bank Plans 1-for-3 Reverse Stock Split in July
28 Jun 2024 00:30 GMT
Key Takeaways
New York Community Bancorp. has said its board approved a proposal for a 1-for-3 reverse stock split set to come into effect during July.
A reverse stock split is often performed in times of financial trouble and can improve the company's …
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Punish executives who caused the near collapse of New York Community Bancorp, shareholders say
06 Jun 2024 10:30 GMT
… , Queens County Savings Bank, New York Community Bank and other brand names were … majority failed.
Shareholders of New York Community Bancorp on Wednesday asked for punishment … , Queens County Savings Bank, New York Community Bank and other brand names were …
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Embattled New York Community Bancorp to Sell $5 Billion of Mortgage Warehouse Loans to JPMorgan Chase
15 May 2024 07:06 GMT
… YORK - FEBRUARY 08: A New York Community Bank stands in Brooklyn on February … : Spencer Platt/Getty Images)
New York Community Bancorp Sells $5 Billion in Mortgage … Trashing It One Last Time
New York Community Bancorp to Cut Commercial Real Estate …
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New York Community Bancorp reports a quarterly loss, predicts profit by 2026
02 May 2024 00:18 GMT
… over the following two years.”
New York Community Bancorp lost $327 million in the … , Queens County Savings Bank and New York Community Bank nameplates. In February, they were …
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Mnuchin's firm leads $1B lifeline to help New York Community Bank
07 Mar 2024 12:21 GMT
Embattled New York Community Bancorp has received the cash injection it needed to stay afloat after a $1 billion lifeline came just in time, with a majority of the funds received from former Treasury Secretary Steven Mnuchin's firm, Liberty Strategic …