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Moody’s is keeping New York Community Bancorp’s credit rating on review, signaling further downgrades are possible. New York Community Bancorp did not immediately respond to a request for comment.
Regional lender New York Community Bancorp delayed its plan to become profitable to 2026, offering a new reminder that commercial real estate problems are not totally in the rear-view mirror of US ...
New York Community Bancorp’s troubles can be traced back to how it responded to a crisis that roiled the regional banking world in 2023. Signature was one of three sizable regional lenders that ...
In January, New York Community Bancorp (NYCB) — a leading producer of multifamily loans on non-luxury, rent-regulated apartment buildings in New York City — reported a surprise loss of $252 ...
Shares of New York Community Bancorp fell another 10.5% Wednesday after the bank's credit rating got downgraded to “junk” and investors worried the regional lender could suffer the same fate ...
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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