Hosted on MSN11mon
New York Community Bank’s stock stops trading, bank seeks funding
Yesterday turned out to be a dramatic day for New York Community ... money it sets aside for potential loan losses. To add salt to the wound, Moody’s Investors Service went ahead and slashed the ...
Hosted on MSN3mon
Rescued New York Community Bank to lay off 700 at its Flagstar subsidiary
Struggling New York Community Bancorp said Friday that it is ... after being rescued by investors earlier this year. The bank said the cuts amount to 8% of its head count. It's also selling ...
legaldive9d
Woman alleges New York bank rolled her money into a ‘zombie CD’
A lawsuit claims that after a 14-month CD matured, Flagstar Bank put the Florida customer’s funds into a new CD paying 0.02% interest through 2044.