Shares in New York Community Bank fell 24 percent on Friday morning after the ailing lender announced new leadership and reported an additional $2.4 billion loss.The bank, with 420 branches and hundreds of thousands of customers, has faced a crisis in recent months after the quality of its commercial real estate loans soured and ratings agencies .Companies are giving up on offices and downtown retail spaces - after Covid normalized working from home and catalyzed the decline of downtown shopping.
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