Flagstar Bank, NYCB
NYCB's Flagstar Unit to Cut Around 1,900 Jobs
(Reuters) -New York Community Bancorp unit Flagstar Bank will lay off around 1,900 employees, the U.S. regional lender said on Thursday, amid efforts to turn around its struggling business.
NYCB’s Flagstar Cuts 700 Staff With More to Depart in Unit Sale
New York Community Bancorp’s Flagstar Bank is eliminating 700 jobs, or 8% of the workforce, as part of the lender’s effort to turn around its business.
Flagstar Bank lays off 700 with more to depart after asset sale to Mr. Cooper
Flagstar laid off 700 employees and anticipated the transition of another 1,200 to Mr. Cooper Group as part of a recent asset sale.
Flagstar Bank to cut 1,900 jobs by the end of 2024
Flagstar Bank will be eliminating 700 jobs, or 8% of its workforce, its parent company New York Community Bancorp announced Thursday. Flagstar also expects that an additional 1,200 jobs will be eliminated by the end of the year due to the previously announced sale of its residential mortgage servicing business.
New York Community Bancorp-Unit Flagstar Bank Cuts 700 Jobs, Plans More Layoffs
Flagstar Bank cut 8% of its employees, or about 700 workers, and has plans to lay off more. The bank, a subsidiary of New York Community Bancorp, said Thursday that the cuts are part of a transformation strategy that aims to strengthen its management,
Flagstar Bank laying off 700 more employees, 1,200 others to be affected by sale of mortgage business
Flagstar in 2022 — said in a statement Thursday. Those job cuts are in addition to a reduction of about 1,200 employees associated with the impending sale of Flagstar’s mortgage servicing and third-party origination business to Nationstar Mortgage LLC,
NYCB to Be Renamed Flagstar Financial as Turnaround Gathers Pace
Flagstar Bank is a subsidiary of New York Community Bancorp. The lender announced its $2.6 billion acquisition of Flagstar in ...
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NYCB to shrink headcount by 1,900
The bank cut roughly 700 employees, or 8% of its workforce, it said Thursday, and anticipates shedding another 1,200 when mortgage servicing and third-party origination roles transfer to Mr. Cooper.
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Analysts Estimate New York Community Bancorp (NYCB) to Report a Decline in Earnings: What to Look Out for
Wall Street expects a year-over-year decline in earnings on lower revenues when New York Community Bancorp (NYCB) reports ...
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NY Community Announces Strategic Workforce Reduction
An update from NY Community ( (NYCB) ) is now available. Flagstar Bank, a subsidiary of New York Community Bancorp, announced ...
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NYCB rebrands as Flagstar Financial
The board has approved an amendment to change New York Community Bank’s name to Flagstar Financial, effective Oct. 25.
NYCB Gala Highlights Gilles Mendel’s Costumes And Raises Over $3 Million
Last season, we celebrated 75 remarkable years, and as our new season begins, we’re feeling a renewed and expansive energy,” ...
Nina Dobrev Got Ready for the NYCB Gala With Help From Shaun White and Her Dog
When it comes to fall, there’s a lot to look forward to, and if you’re anything like Nina Dobrev, that includes the New York ...
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New York Community set for a corporate rebranding
After NYCB streamlined its branch operations under the Flagstar name, the publicly traded company will begin trading under a ...