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Games

NYCB's stock crash shows the peril of a bank growing too fast

Growth is king in most industries, and everyone is constantly chasing it. But NYCB has shown expanding too fast in banking can backfire.

By: Business Insider

Feb 12 2024
31
4406 Views

The implosion of New York Community Bancorp highlights an unusual risk for banks: growing too fast.
New York Community Bancorp's 64% stock crash was in part caused by the increased re… [+3388 chars]
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