New York Community Bank
TFIX · a year ago · 0 Comment
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NYCB's stock sank below $2 per share before rebounding and ending the day higher after the capital injection news. | |
New York Community Bank lost 7% of its deposits in the month before announcing a $1 billion-plus capital injection from investors led by former Treasury Secretary Steven Mnuchin's Liberty Strategic Capital. | |
The bank's quarterly dividend was increased to 5 cents per share after reporting a surprise fourth-quarter loss. |