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New York Community Bancorp took significant charge-offs on its loan portfolio last year. The charge-offs, plus a goodwill impairment charge, resulted in a $2.7 billion loss in the fourth quarter.
New York Community Bank NYCB, Chief Operating Officer Julie-Ann Signorille-Browne will resign next week, marking the latest in a string of executive departures since a tumultuous period for the lender earlier this year.
Embattled lender New York Community Bancorp said on Thursday that its Chief Operating Officer Julie-Ann Signorille-Browne has resigned from her role, effective May 24.
Soros Fund Management, the family office founded by billionaire trading legend George Soros, eliminated its stake in New York Community Bank in the first quarter, according to a regulatory filing on Wednesday.
Soros Fund Management has dissolved its share stake in embattled lender New York Community Bancorp in the first quarter of 2024, a regulatory filing showed on Wednesday.
Shares in New York Community Bancorp (NYCB) jumped nearly 6% in premarket trading Wednesday after the embattled regional bank said late Tuesday that it had agreed to sell around $5 billion of mortgage warehouse loans to JPMorgan Chase (JPM) in a deal aimed at shoring up its liquidity and capital as it undergoes a turnaround to return to profitability.
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