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...“Further discussions on this topic should involve all of the banking regulators and be informed by discussions with the asset management community.”...
...The number of problem banks in the US has jumped 18 per cent, regulators warned, as New York Community Bank was stabilised by a $1bn capital raise led by former US Treasury secretary Steven Mnuchin....
...Shares of New York Community Bancorp plunged on Wednesday after the lender that bought failed Signature Bank in the middle of last year’s regional banking turmoil cut its dividend to boost its capital and...
...In their view, New York Community Bancorp was an “outlier” because it had become a large bank through acquisitions, but still had a regional-bank-scale CRE business: Its CRE loans were about “four times...
...While community banks mostly rely on deposits insured by the FDIC, regional banks’ business clients maintain significant levels of uninsured deposits....
...New York Community Bank, which raised more than $1bn this month to shore up its finances and after shedding two-thirds of its market value since the end of January, had previously more than doubled its assets...
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...New York Community Bancorp, with $115bn or so in assets, is having serious problems, and the broad market (here represented by the S&P 1500) indifferent: Admittedly the regional bank index is underperforming...
...“We remain convinced that the company does not fully understand its obligations to steelworkers, retirees and our communities,” it said in a letter to its members....
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...A draft management action plan set to be discussed by the IFC board calls for “a collective approach to remedy” including funding of community prevention and rehabilitation policies but nothing directly...
...All of this is “building discontent towards the ANC, towards the white community and towards foreign nationals”, Modiri says....
...The Department for Levelling Up, Housing and Communities declined to specify when ministers would decide....
...“They took a fairly cold-blooded approach when it came to foreclosures,” said Jesse Van Tol, head of the National Community Reinvestment Coalition, which advocates for low and moderate income borrowers....
...Abbas has largely resisted demands from the international community for the PA to institute significant reforms....
...question echoes around national security communities and breakfast tables with some existential urgency, the question for investors becomes: could there be an alternative?...
...That would leave UK inflation above the Bank of England’s 2 per cent target, which may help persuade the central bank not to make extensive rate cuts this year....
...It was once the largest corporation in the world, and its plants lined the banks of Pennsylvania’s Monongahela River. The closure of those plants was lamented in a song by Bruce Springsteen....
...National Trust Woman will not be easily won over....
...The community was finally forced to flee in October. But Federman feels confident that the hilltop farm had the backing of the state....
...“Toyota affiliates have a strong presence in the community, and their actions can have an impact....
...In tandem, we propose the creation of a local community growth fund to attract private investment into opportunities identified by communities across the UK....
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