New York Community Bancorp, Inc. (NYCB)
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- Bloomberg
NYCB Investors Await New CEO’s Vision as Credit Questions Linger
(Bloomberg) -- New York Community Bancorp Inc. has had one of the most tumultuous quarters in recent banking history. Its first-quarter earnings will probably reveal more about impacts from the drama — and management’s plan to move forward.Most Read from BloombergPlunging Home Prices, Fleeing Companies: Austin’s Glow Is FadingJavier Milei Fuels Wild Rally That Makes Peso No. 1 in WorldThe Long, Slow Death of Urban NightlifeApple Intensifies Talks With OpenAI for iPhone Generative AI FeaturesWall
- Benzinga
NYC's Rent-Controlled Apartments Partly Behind NYCB Issues, Analysts Question If $1 Billion Lifeline Enough To Avoid SVB-Like Collapse
With the average one-bedroom, 600-square-foot New York City apartment renting for about $3,760 per month, rent prices have stretched affordability for the city's residents. It's no wonder politicians have sought to make housing more affordable in the city, but a policy aimed at doing so has been blamed, in part, for the struggles of New York Community Bancorp Inc. (NYSE:NYCB), which has seen its stock drop over 72% year to date. NYCB has been hit with a double whammy. In 2019, a change in New Yo
- Bloomberg
Einhorn’s Greenlight Underperformed ‘Broken’ Stock Market Last Quarter
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