News

DiNello, who was appointed executive chairman on Feb. 6, succeeds Thomas Cangemi, who stepped down as president and CEO after 27 years with the company. Cangemi remains on the board.
Thomas R. Cangemi, the NYCB president and chief executive who retains those titles in the combined company, said last week that the Long Island bank now sits on the tier below the money-center ...
New York Community Bank CEO Thomas R. Cangemi stepped down Thursday as NYCB shares fell more than 21% after the bank revealed an internal risk management issue related to exposure to commercial ...
New York Community Bancorp disclosed the exit of CEO Thomas Cangemi, weaknesses in its internal controls, and a tenfold increase in its fourth quarter loss to $2.7 billion.
DiNello succeeds Thomas R. Cangemi, who has stepped down as President and Chief Executive Officer after 27 years with the Company. Prior to this, ...
In addition to continuing his role on the Board, Mr. DiNello will work alongside President and CEO, Thomas R. Cangemi, and the rest of the senior executive leadership team, to improve all aspects ...
New York Community Bank CEO Thomas Cangemi is out and the bank has disclosed “internal controls” issues linked to internal loan review. The bank, one of the largest commercial real estate ...
President and Chief Executive Officer, Thomas R. Cangemi stated, "We took decisive actions to fortify our balance sheet and strengthen our risk management processes during the fourth quarter. Our ...
THOMAS CANGEMI: Historically, we were never an aggressive gatherer of liabilities [from] an organic perspective. It was typically done through business combinations. That continued when I joined the ...
CEO Thomas Cangemi calls Flagstar a "neutral" but "patriotic" name that underscores the firm's nationwide expansion strategy. Following New York Community Bancorp's acquisition of Flagstar, the ...
New York Community Bank in the second quarter of 2023 reported a jump in distressed debt, driven primarily by multifamily mortgages and non-real estate loans. CEO Thomas Cangemi said the firm’s ...