NYCB shares jump after bank names new chairman following credit rating downgrade

NYCB has been in freefall since reporting a surprise loss last week, along with mounting losses on commercial real estate and the need to slash its dividend.

NYCB shares jump after bank names new chairman following credit rating downgrade
NYCB has been in freefall since reporting a surprise loss last week, along with mounting losses on commercial real estate and the need to slash its dividend.