Black Bear Value Partners, an investment management firm, published its second-quarter 2025 investor letter. A copy of the ...

Struggling New York Community Bancorp Inc. is laying off about 700 workers at its Flagstar Bank subsidiary “as part of its strategic transformation plan,” according to the Hicksville company.

New York Community Bancorp's ambition was to become a larger bank. To that end, it bought Flagstar Bank in December 2022. Then there was a series of bank runs and failures in early 2023.

This group comprises 12 distinct industry verticals, each focused on serving the debt finance and banking needs of a specific sector.

Flagstar Bank recently opened a 2,400-square-foot branch in Brooklyn’s Bedford-Stuyvesant ... New York Community Bancorp Inc. bought Flagstar three years ago in an all-stock deal worth $2.6 ...