New York Community Bancorp ‘is on its own’ to work out accounting mess, says analyst

New York Community Bancorp Inc. “is on its to own” to figure out its accounting and other issues as it gears up to update its financials in the coming weeks. That’s according to Citigroup analyst Keith Horowitz, after the regional bank disclosed “material weaknesses” in its accounting and other financial-reporting issues — news that sent its stock down 25% early Friday.“We expect more questions on whether NYCB will sell, but we do not see a lot of potent