New York Community Bancorp has agreed to pay its new Chief Executive Joseph Otting $1.25 million and a bonus off up to $4.5 million a year, as he takes the helm of the struggling lender ...

Flagstar Financial, which is in turnaround mode after a $1 billion rescue last year, could be an "attractive" acquisition target, CEO Joseph Otting said Tuesday. The company formerly known as New York ...

Chairman, President, and Chief Executive Officer Joseph Otting and Senior Executive Vice President and Chief Financial Officer Lee Smith are scheduled to present at 11:20 a.m. Eastern Time.

The $100.2 billion-asset Flagstar — which is in a multiyear rebuilding phase after a near-collapse early last year — is well on its way to recovery, Chairman and CEO Joseph Otting assured ...