Point of View

You Think You Know What’s Going to Happen

I got on the phone with a bank CEO recently, and we had a nice conversation. At the end, he mentioned that he had noticed we profiled New York Community Bancorp one year ago, in the first quarter of 2024, with a colorful macaw soaring above the clouds on the cover of the issue. That issue published shortly before the bank announced a $260 million loss due to problem loans, sending the stock into a tailspin. The surprise led to the departure of CEO Thomas Cangemi. He was ultimately replaced by former Comptroller of the Currency Joseph Otting, who had…

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WRITTEN BY

Naomi Snyder

Editor-in-Chief

Editor-in-Chief Naomi Snyder is in charge of the editorial coverage at Bank Director. She oversees the magazine and the editorial team’s efforts on the Bank Director website, newsletter and special projects. She has more than two decades of experience in business journalism and spent 15 years as a newspaper reporter. She has a master’s degree in journalism from the University of Illinois and a bachelor’s degree from the University of Michigan.