Significant 'Material Weakness' in Internal Controls Leads to CEO Departure
Thursday, 29 February 2024, 19:51
New York Community Bank Flags 'Material Weakness' in Internal Controls; CEO Exits
New York Community Bank has identified a significant 'material weakness' in its internal controls, resulting in the departure of its CEO. This revelation underscores the importance of vigilance in governance practices and risk management protocols within financial institutions.
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