According to the Federal Deposit Insurance Corporation (FDIC), New York Community Bank (NYSE: NYCB) has agreed to buy a large portion of the insolvent Signature Bank (NYSE: SBNY) for $2.7 billion. The FDIC said late Sunday that the 40 Signature Bank branches will be renamed Flagstar Bank beginning Monday. Flagstar is a subsidiary of New … Continue reading New York Community Bank To Acquire Signature Bank For $2.7 Billion, Rebrand As Flagstar Bank