NYCB Chief Executive Announces New Business Plan and Search for Non-Bank Bidders amid Stock Market Uncertainty
New York Community Bank NYCB.N is interested in non-bank bidders for some of its loans and will present a new business plan next month, its new chief executive said Thursday, after the bank again cut its dividend and revealed that deposits fell by 7%. The bank’s shares rose 7% on Thursday, after swinging between gains … Read more