Blaming rates, Flagstar says turnaround will take more time

T1Covered by 1 source · first reported by American Banker (headlines) at 23 Oct, 18:45 UTC

The New York-based regional bank now expects to achieve its strategic objectives in 2028, a year later than previously expected, as higher interest rates weigh on profits.

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Sources

• T1Blaming rates, Flagstar says turnaround will take more timeAmerican Banker (headlines)23 Oct, 18:45