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Ben Emons, head of fixed income for NewEdge Wealth, noted that banks trading for less than $5 a share are perceived by markets as being at risk for government seizure. NYCB stock notched a 52-week ...
Beleaguered regional lender New York Community Bank is receiving a more than $1 billion equity investment.. The majority of the investment, $450 million, is coming from former Treasury Secretary ...
Shares of New York Community Bank fell 23% Monday, hitting their lowest level since 1996.The stock is struggling to recover after the beleaguered regional lender said in a filing last week it had ...
NYCB is a big lender to office buildings and rent-regulated apartment complexes, especially in New York City. With $114 billion in assets, it is one of the country's 30 largest banks.
NYCB on Tuesday highlighted what it called its "deposit stability," noting that total deposits of $83 billion were up from $81.4 billion at the end of 2023. Its uninsured deposits were $22.9 ...
Troubled regional lender New York Community Bancorp attempted to reassure investors Wednesday that it has enough cash to stay afloat after the stock shed about 60% of its value over the past eight ...
JPMorgan Chase is once again providing a lift to another troubled regional lender a year after it helped calm a mini-banking crisis.The stock of New York Community Bancorp rose as much as 5% in ...
The stock was halted more than a dozen times Friday amid highly volatile trading. It had been plunging before the YouTube stream in the wake of quarterly results that missed analyst estimates and ...