New York Community Bank Faces Steep Decline – Wajobz
In a stunning market turn, New York Community Bank (NYCB) grapples with a sharp 40% drop in share value following a reported loss of $260 million in the last quarter of 2023. This financial dip comes on the heels of NYCB’s acquisition of Signature Bank’s assets amid last year’s regional banking disruptions. NYCB had earlier stepped … Read more