NYCB Faces Investor Suit Over Signature Bank Takeover 

By Katryna Perera (February 7, 2024, 10:32 PM EST) -- New York Community Bancorp has been hit with a class action by an investor who claims the bank failed to disclose that it had a deteriorating book of loans which would, in turn, cause major losses and force it to cut its quarterly dividend to preserve capital, following its acquisition of assets from the now-defunct Signature Bank. ...

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