Incoming CEO to present new business plan
NYCB says nonbanking companies have shown interest in loan book
Stock rises on 1 billion capital infusion
Wall Street analysts caution uncertainties remain
Bank reiterates pledge to reduce commercial real estate exposure

Reuters New York Community Bank is seeing interest from nonbank bidders for some of its loans and will outline a new business plan next month, its new CEO said on Thursday after the bank slashed its dividend again and disclosed deposits fell 7.

The bank39;s shares rose 7 on Thursday after swinging between gains and losses over the last two days, with periodic trading halts that underscored lingering uncertainty about its finances.

Joseph Otting, former Comptroller of the Currency in the Trump administration, was named NYCB39;s CEO on Wednesday as part of a 1 billion capital injection from a group of investors that included former Treasury Secretary Steven Mnuchin.

In a bid to shore up confidence, Otting and NonExecutive Chair Alessandro DiNello told analysts on Thursday that they would soon unveil a new business plan and had closely scrutinized the bank39;s books, and provided insight on deposit flows.

I39;ve spent a fair amount of time getting to know the organization from afar and then a significant amount of time conducting due diligence on the portfolio and the balance sheet, Otting said, noting that NYCB had a strong liquidity position.

NYCB has been trying to arrest a persistent stock rout that…

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