NYCB hares Jump after new CEO gives two-year Plan for clear Path to Profitability
New York Community Bank (NYCB) recently announced a quarterly loss of $335 million amidst challenges posed by soured commercial loans and increased expenses. However, despite the setback, the appointment of a new CEO and the unveiling of a comprehensive two-year plan for profitability have injected optimism into the market, leading to a notable surge in […]