Flagstar Bank

The Federal Deposit Insurance Corporation, or FDIC, has reportedly informed collapsed lender Signature Bank's (OTC:SBNY) crypto clients they have until April 5 to close their accounts and shift their funds. What Happened: The deposits in question were not part of a rescue deal with Flagstar...

Signature Bank's digital-assets business will not be acquired by a unit of New York Community Bancorp as previously anticipated. Customers' crypto-related deposits, amounting to approximately $4 billion, will be returned to them directly, according to a deal announced by the Federal Deposit...

The Federal Deposit Insurance Corporation said a wholly owned subsidiary of New York Community Bancorp, Inc. (NYSE:NYCB) has entered into a purchase and assumption agreement to buy deposits and certain loan portfolios of Signature Bridge Bank. Last week, the FDIC said it transferred all deposits...

When Alessandro DiNello was named CEO of Flagstar Bancorp Inc (NYSE: FBC) in 2013, the bank was on a financial precipice. The bank’s business was almost entirely mortgages. As the industry unraveled nationally, Flagstar accepted $267 million in TARP money in 2009 — as well as private...

The Detroit Pistons are taking it to the bank. Flagstar Bancorp Inc (NYSE: FBC) has signed on as the basketball team's first-ever jersey sponsor. Flagstar CEO Alessandro DiNello said he's a lifelong Pistons fan.  "It's great to have the team come back downtown. That's...