The regional bank late Tuesday said that deposits were stable at $83 billion and that the firm
had ample resources to cover any possible flight of uninsured deposits.
Hours later, it promoted Chairman Alezandro Daniello to a more hands-on role in management.
The move spurred a 6% jump Wednesday in NWCB shares, a small dent in the stock's more
than 50% decline since the bank reported full quarter results last week.
Shares of the Higgsville, New York-based last traded for about $4.48 per share.
There's a confidence crisis here, head of fixed income at NUA12.
The market doesn't have belief in this management.
The regional bank late Tuesday said that deposits were stable at $83 billion
and that the firm had ample resources.
The regional bank late Tuesday said that deposits were stable at $83 billion
and that the firm had ample resources to cover any possible flight of uninsured deposits.
Hours later, it promoted Chairman Alezandro Daniello to a more hands-on role in management.
The move spurred a 6% jump Wednesday in NWCB shares, a small dent in the stock's more
than 50% decline since the bank reported full quarter results last week.
Shares of the Higgsville, New York-based last traded for about $4.48 per share.
There's a confidence crisis here, head of fixed income at NUA12.
The market doesn't have belief in this management.
The regional bank late Tuesday said that deposits were stable at $83 billion
and that the firm had ample resources.