NYCB Selling Nearly $900M in Consumer Loans

NY Community Bank (NYCB) is selling nearly $900M in consumer loans. Renita Young discusses how NYCB may need to raise more capital to cover potential losses. She also highlights how NYCB sold a commercial cooperative loan for an undisclosed gain on February 29th. Tune in to find out more about the stock market today.

Market On Close

14 Mar 2024

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