New York Community Bancorp (NYCB) experienced a rollercoaster day as shares plummeted 42% before bouncing back after a $1 billion lifeline from investors. The bank, which acquired the crypto-friendly Signature Bank in 2023, has faced financial turbulence due to weak Q4 results and concerns over poorly performing loans. After trading was halted, NYCB announced a strategic equity investment of over $1 billion, causing share prices to surge. This comes just a week before the Federal Reserve's banking bail-out program is set to end on March 11.