
Why One Shaky Bank Is Stirring Fears of a Wider Financial Mess
As the one-year anniversary of a crisis that brought down several midsize banks approaches, trouble at another lender is putting unwelcome attention on the industry again.Concerns now center on New York Community Bancorp, which operates roughly 400 branches nationwide under brands such as Flagstar Bank and Ohio Savings Bank. The bank ballooned in size over the past year, to more than $100 billion in assets, after taking over the fallen Signature Bank last spring in an auction organized by federal regulators.New York Community Bancorp’s stock nose-dived after it released an ugly earnings report that included unexpected losses on real estate…



