Stay updated with breaking news from Tom Cangemi. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Sandro DiNello, who briefly led New York Community Bancorp amid turmoil earlier this year, is staying on the company's board. But Joseph Otting, the company's recently installed CEO, is taking on the executive chairman position.
The Nelsonville City Council unsuccessfully attempted at a special meeting Saturday to appoint a new city attorney and settle a lawsuit.
Investor Thomas Kahn blames regulators for the dividend cut and other actions that knocked 60% off the share price of New York Community Bancorp.
D.A. Davidson downgraded New York Community Bancorp to neutral and reduced its target price for the stock to $5 from $8.50.
Flagstar Bank parent New York Community Bancorp reported a steep increase in profit margin and an expansion in private banking, further evidence that this formerly-staid institution used this year’s regional banking crisis to transform itself into perhaps the best growth story in the industry. …