NYCB to sell $5B worth of loans to JPMorgan

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New York Community Bancorp News

Jpmorgan Chase,Morning Trading Session,Announcement

Shares of New York Community Bancorp (NYCB) are trading higher during Wednesday's morning trading session, boosted by the bank's announcement of a loan sale....

) are trading higher during Wednesday's morning trading session, boosted by the bank's announcement of a loan sale. The regional lender has reached an agreement to sell approximately $5 billion worth of loans to JPMorgan Chase — Meme stocks are shaking Wall Street once again. That shouldn't be much of a surprise.

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