NYCB delays annual shareholders meeting by two weeks

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NYCB delays annual shareholders meeting by two weeks
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Two accused teenagers to remain in custody for at least two more weeks | SaltWire #newsupdate #news - New York Community Bancorp has pushed back its annual shareholders meeting by two weeks to June 5.

The bank has been under pressure since January when it posted a surprise loss for the fourth quarter due to higher provisions tied to its exposure to the commercial real estate portfolio. NYCB's acquisition of Flagstar Bank in 2022 and some assets of failed Signature Bank last year had pushed it above the $100-billion threshold.

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