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NYCB announced a $1 billion equity investment and new directors Steve Mnuchin, Joseph Otting, Allen Puwalski and Milton Berlinski.
NYCB stock plummeted amid a leadership shakeup. The bank also uncovered “material weaknesses” in its internal loan review controls.
New York Community Bancorp faced new questions Friday after a flurry of disclosures led to a steep sell-off in its stock. The embattled Long Island-based …