Fitch downgrades New York Community Bancorp to ‘BB’
Fitch downgrades New York Community Bancorp to ‘BB’https://wpnnradio.com/wp-content/themes/movedo/images/empty/thumbnail.jpg150150adminadminhttps://secure.gravatar.com/avatar/790df65a416873c3f0501d984b0b24a2f32bf2af0d1509085b901ade4bbb36e7?s=96&d=mm&r=g
(Reuters) – Fitch Ratings on Tuesday downgraded embattled regional lender New York Community Bancorp and its bank subsidiary, Flagstar Bank, to ‘BB’ from ‘BB+’.
(Reporting by Arasu Kannagi Basil in Bengaluru; Editing by Shailesh Kuber)
