Hosted on MSN1y
NYCB Stock Climbs After $1 Billion Lifeline. We Do the Math.
He rates NYCB stock as Neutral. NYCB’s Board Chairman Sandro DiNello had taken charge of the bank last month from its then-chief executive Tom Cangemi, after the stock collapsed with a surprise ...
Hosted on MSN1y
Analyzing NYCB’s situation and its [perhaps] impending collapse
Under the guidance of recent CEO Thomas Cangemi, NYCB’s appetite for growth saw it gobbling up Flagstar Bancorp Inc. and scavenging assets from the fallout of Signature Bank. These moves weren ...