The financially troubled New York Community Bancorp (NYSE:NYCB) is receiving a lifeline in the form of a capital investment worth more than $1 billion. The Wall Street Journal, citing unnamed “people familiar with the matter,” reported that Liberty Strategic, Citadel...
The tumult surrounding commercial real estate lender New York Community Bancorp (NYSE:NYCB) became more severe with the resignation of CEO Thomas Cangemi and the announcement that its fourth quarter loss was amended to $2.7 billion, a tenfold increase from its...