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Published 3 months ago

New York Community Bank’s stock price is plunging, but that won’t tell you if it’s on the brink of failure. Here’s what will

Summary by KRDO
By Elisabeth Buchwald, CNN New York (CNN) — Some of the very first signs of banking stress in the crisis that unfolded last year were reflected in Silicon Valley Bank, Signature Bank and First Republic Bank’s nosediving share prices. All of them eventually failed. So it’s no wonder why more people are questioning whether New York Community Bancorp (NYCB) will meet the same fate after the stock shed 60% of its value over the past week. Now it’s u…

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