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Embattled New York Community Bancorp gets $1 billion cash infusion, adds ... - The Independent

Retrieved on: 2024-03-06 21:59:30

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Embattled New York Community Bancorp gets $1 billion cash infusion, adds ... - The Independent. View article details on HISWAI: https://www.independent.co.uk/news/ap-new-york-donald-trump-ceo-silicon-valley-bank-b2508317.html

Summary

The New York Community Bank, facing a stock plunge, secured a $1 billion investment that included the involvement of former Trump administration figures, aiming to stabilize amidst broader sector jitters related to financial crises such as the collapse of Silicon Valley Bank.

Article found on: www.independent.co.uk

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