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NYCB shares tumble after regional lender swaps out CEO, says it identified material weakness in internal controls

NYCB shares tumble after regional lender swaps out CEO, says it identified material weakness in internal controls
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NYCB Replaces Long-Time CEO; Reports Material Weaknesses in Internal Controls

New York Community Bancorp (NYCB) tumbled nearly 20% in post-market trading on Thursday after replacing its CEO and identifying "material weaknesses" in internal controls.

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New turmoil at NYCB as CEO exits and fourth-quarter loss balloons to $2 7 billion

New York Community Bancorp disclosed the exit of CEO Thomas Cangemi, weaknesses in its internal controls and a tenfold increase in its fourth-quarter loss to $2.7 billion.

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NYCB s woes grow as CEO s exit and new disclosures spook investors

NYCB s woes grow as CEO s exit and new disclosures spook investors
americanbanker.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from americanbanker.com Daily Mail and Mail on Sunday newspapers.

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NEW YORK COMMUNITY BANCORP, INC APPOINTS ALESSANDRO DINELLO AS PRESIDENT AND CEO AND MARSHALL LUX AS PRESIDING DIRECTOR OF THE BOARD

HICKSVILLE, N.Y., Feb. 29, 2024 /PRNewswire/ New York Community Bancorp, Inc. today announced the appointment of Alessandro DiNello, Executive Chairman of the Board, as President and Chief.

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