New York Bancorp changes name to its subsidiary Flagstar Financial
ReutersOct 15, 2024 9:11 PM
(Reuters) - New York Community Bancorp said on Tuesday it has changed its name to Flagstar Financial and its stock symbol to "FLG."
Flagstar Bank is a subsidiary of New York Community Bancorp and was bought by the troubled lender back in 2021 for $2.6 billion.
The name change will become effective on Oct. 25.
(Reporting by Jaiveer Singh Shekhawat in Bengaluru; Editing by Alan Barona)
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