New York Community Bancorp's (NYCB) Chair Dinello's Comments Bank's Issues
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New York Community Bancorp's (NYSE: NYCB) executive chair Sandro Dinello has issued comments on the banks recent issues:
- Says bank is dealing with "serious situation" but "remains strong."
- The bank is "committed to building liquidity further."
- Will reduce commercial real estate exposure.
- The bank can increase its reciprocal deposit capacity if needed.
- "Deposit resilience is outstanding."
- Says the bank remains confident in net interest income forecast for 2024.
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