Crypto Bank Savior New York Community Bancorp Sees 40% Drop in Shares

1 year ago 18

New York Community Bancorp (NYCB), the savior of failed Signature Bank, has witnessed a sharp decline of 40% in its shares. The bank’s shares took a hit on Wednesdau after the decision to cut dividend to strengthen its capital and the announcement of an unexpected loss, according to a report by the Financial Times.  NYCB […]

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