New York Community Bank to acquire Flagstar

Apr 26, 2021 |

New York Community Bank, one of New York City’s largest multifamily lenders, is set to diversify its business strategy with the acquisition of Michigan-based retail bank Flagstar Bancorp. in an all-stock merger valued at $2.6 billion, the companies said Monday. The announcement comes just a few months after Thomas Cangemi took over as CEO at […more]

Posted in: San Francisco

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