NYCB trims dividend further following a 7.0% decline in deposits

New York Community Bancorp Inc (NYSE: NYCB) remains in focus this morning after revealing another 7.0% month-on-month decline in deposits. NYCB cuts dividend to just 1 cent per share The embattled regional bank reported $77.2 billion of total deposits today – down from $83 billion a month ago. $NYCB also slashed its quarterly dividend further […]