Interview with Joseph Ficalora: Chief Executive, N.Y. Community Bancorp

Summary


Westbury-based New York Community Bancorp said fourth-quarter profit jumped 27 percent on an increase from lending activity and an acquisition. For NYCB, the results bucked a banking-industry trend of lower earnings and falling stock prices. We caught up with chief executive Joseph Ficalora.

It's a gloomy outlook for banking, isn't it?

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Extract


Interview with Joseph Ficalora: Chief Executive, N.Y. Community Bancorp

Potentially, we will have a very damaging cycle term. Re...

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