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Fresh fears sparked over US regional bank stability

Branch of New York Community Bank.
Photo: Spencer Platt/Getty Images

Julie DiMauro

2 min read
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Issues at New York Community Bank and Philadelphia’s Republic First Bancorp prompt sectoral concern.

Shares of New York Community Bancorp fell more than 25% at the end of last week after the regional lender announced a change of chief executive officer and disclosed issues with its internal controls.

The regional bank announced last Thursday after the market closed that Alessandro DiNello, its

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