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New York

NYCB's drastic financial moves followed tense talks with OCC - report

New York Community Bancorp's drastic financial moves, including writedowns and a dividend cut, led to a record plunge in stock.

By: Seeking Alpha
  • Feb 06 2024
  • 9
  • 328 Views
New York Community Bancorp (NYSE:NYCB) surprised Wall Street last week with drastic financial moves, including massive writedowns and a dividend cut, that led to a record plunge in the lender's stock. In the run-up to unveiling such measures, officia... [1069 chars]

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