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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 ...
This reversed a seven-day slide that saw NYCB’s stock plunge by nearly 60% to close at $4.20 Tuesday. NYCB is one of the biggest regional banks in the U.S., with $116.3 billion of assets as of ...
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NYCB underwent multiple acquisitions in the 2000s, acquiring Haven Bancorp for $196 million in 2000, [7] Richmond County Financial in an $802 million transaction in 2001, [8] asset manager Peter B. Cannell & Co. in 2002, [9] Roslyn Bancorp in a $1.6 billion transaction in 2003, [10] Long Island Financial in a $70 million transaction in 2005 ...
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The new disclosure is the latest twist in a two-week-long saga roiling one of the country's top 30 banks. NYCB's stock began falling on Jan. 31 when it surprised analysts by slashing its dividend ...
Major stock indexes on Wall Street drifted to a mixed finish Friday, capping a rare bumpy week for the market. The S&P 500 ended essentially flat, down less than 0.1%, after wavering between tiny ...
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