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“NYCB’s ratings could be further downgraded ... The best source of information on that front is a bank’s deposit flows, Chiaverini said. As of last quarter, deposits were down just 2% ...
Across the bank’s loan portfolio ... an Avison Young report found. On the multifamily front, NYCB reported $2 million in net charge-offs, twice the figure from the same quarter last year.
Shares of Flagstar Financial Inc., formerly known as New York Community Bancorp, took a dive Friday after the struggling bank ...
NYCB is struggling, in large part ... to imperil the broader banking system—but they might keep some banks on the front pages. For more expert analysis of the biggest stories in economics ...
NYCB got a lifeline of more than $1 billion from a group of investors in March of this year its stock plunge by more than 80%. The bank has been hammered by weakness in commercial real estate and ...
Its stock plunged another 8% in premarket trading Wednesday. “NYCB’s ratings could be further downgraded if the bank were to experience a loss of depositor confidence that challenges the bank ...
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