New York Community Bancorp shares plummet amid unease over regional banking
by Callum Jones in New York from on (#6JEV5)
Alessandro DiNello, new executive chairman of regional US lender, acknowledges serious situation' as stock at lowest level in decades
Shares in New York Community Bancorp (NYCB) continued to fall on Wednesday, heightening unease about the US's regional banking sector.
The bank's stock has fallen by more than 60% to its lowest level in decades in recent days despite a scramble by the mid-sized lender to reassure investors of its financial strength.
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