new york community bancorp announced a name change to Flagstar Financial.
According to Reuters on October 16, usa regional bank new york community bancorp announced on Tuesday that the bank will be renamed Flagstar Financial, and the stock code will be changed to 'FLG' in an effort to turn around its struggling business. The renaming will take effect on October 25. Under the leadership of former Comptroller of the Currency and newly appointed CEO Joseph Otting in March, new york community bancorp has developed a plan to restore profitability and pledged to reduce its balance sheet by cutting non-core assets. Otting stated in a statement that the renaming signifies "I
New York Community Bancorp Changes Name to Flagstar Financial
Express News | New York Community Bancorp, Inc. Changes Name to Flagstar Financial, Inc. and Stock Symbol to Flg
NEW YORK COMMUNITY BANCORP, INC. CHANGES NAME TO FLAGSTAR FINANCIAL, INC. AND STOCK SYMBOL TO FLG
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