Banking Crisis 2.0? NYCB Stock Down 60% in One Week New York Community Bancorp (NYCB) is actively working to calm investor nerves during a tumultuous week that saw its stock plummet by 60%. The turmoil was made worse when Moody’s decided to downgrade the bank’s credit rating to junk. In a late-night press release, NYCB disclosed that its total deposits have increased since the close of 2023, and its total liquidity pool of $37.3 billion now surpasses its uninsured deposit levels. This move is seen as an effort to restore confidence and stability in the face of recent financial challenges. « Previous Article Next Article » Share This Article Choose Your Platform: Facebook Twitter Google Plus Linkedin Related Posts Oil Volatility Hits Multiyear Low as Threat of Mideast Conflict Lowers READ MORE Gold Demand Hits Q2 Record Despite Consumer Pullback READ MORE Inverted Yield Curve Signals Caution, But Economic Strength Defies Predictions READ MORE Global Markets Plunge as Economic Fear Sparks Worldwide Stock Market Rout READ MORE Household Debt Climbs but Economy Shows Signs of Robust Growth READ MORE Add a Comment Cancel replyYour email address will not be published. Required fields are marked *Name * Email * Save my name, email, and website in this browser for the next time I comment. Comment