NY Community Bancorp slumps, South Korea banks climb in weekly financial movers

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NY Community Bancorp slumps, South Korea banks climb in weekly financial movers


Torsten Asmus

New York Community Bancorp (NYSE:NYCB) grabbed headlines in the financial sector this week, recording a massive provision for credit losses, on two problem loans and its preparation to meet stricter capital rules.

For the week, financial stocks were mostly treading water. The

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