New York Community Bank’s stock slides after leadership changes, ‘material weaknesses’ notice

New York Community Bancorp Inc. on Thursday announced an immediate leadership shakeup, including a new CEO, after the bank booked a big hit to its profits last year, said it had “material weaknesses” in its accounting protocols and disclosed other financial-reporting issues.The disclosures mark the latest drama for the Long Island, N.Y.-based bank, which has struggled with its exposure to an ailing commercial real-estate market. Shares of the company — which operates Flagstar B