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...New York Community Bancorp and its chief risk officer parted ways shortly before the regional US lender reported larger than expected losses from real estate lending that hammered the bank’s stock....
...In 2022, Canal Projects initiated its rotating series of residencies to support artists’ durational, community-based research projects that engage with New York City’s diverse cultural fabric....
...New York Community Bancorp’s core deposits shrunk by about $8bn, or nearly 40 per cent of its total uninsured deposits, in February and early March, the lender said on Thursday....
...New York Community Bancorp shares shed a quarter of their value on Friday after the regional lender disclosed it had replaced its chief executive and identified “material weaknesses” in internal controls...
...New York Community Bancorp has replaced its chief executive and identified “material weaknesses” in internal controls that guide how loans are reviewed, amid worries about the US regional lender’s exposure...
...Shares of New York Community Bank plunged 40 per cent on Wednesday after a report that the bank was seeking to raise money to shore up its finances through a stock sale....
...Weinstein, who is being treated at New York’s Bellevue hospital for various medical conditions and is confined to a wheelchair, was present for the brief hearing but did not speak....
...Shares of New York Community Bancorp plunged about 25 per cent in pre-market trading on Friday, after the lender disclosed it had replaced its chief executive and identified “material weaknesses” in internal...
...New York Community Banck is set to raise more than $1bn in a deal led by the investment firm of former Treasury decretary Steven Mnuchin aimed at shoring up its finances after more than a month of turmoil...
...Shares in New York Community Bank, which last year bought the failed Signature Bank in a government-assisted deal, plunged as much as 45 per cent on Wednesday morning, after it reported a surprise fourth-quarter...
...US regional lender New York Community Bancorp has sought to reassure investors that it was still taking new deposits after its stock more than halved and it was downgraded to “junk” status by Moody’s....
...Shares in New York Community Bancorp wobbled after Morningstar DBRS followed rating agency Moody’s in downgrading the lender over concerns about its exposure to the struggling commercial real estate market...
...Net interest income at New York Community Bancorp could fall by as $300mn this year, not $3bn as wrongly stated in a Lex note on February 2....
...The New York-based firm raised a $12.7bn fund in 2021 and has built stakes in TikTok parent company ByteDance, fast-fashion company Shein and payments company Stripe....
...US regional lender New York Community Bancorp has sought to reassure inventors that it is still taking in new deposits, after a week in which its share price has more than halved and it was downgraded to...
...“We recognise that there are a lot of talented people who would prefer to work in New York for a number of reasons,” he said....
...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...
...About 300 people were arrested at Columbia and another university, City College of New York, New York mayor Eric Adams said on Wednesday....
...The New York-based investment group acquired the properties in 2018 for $1.2bn in what was one of first large investments made by the closely followed property fund....
...Pro-Palestinian students occupied a building in Columbia University’s main campus in New York overnight, escalating a stand-off with administrators as protests continue around the country....
...Chopra, with the backing of chair Martin Gruenberg, had proposed releasing a rule change for public comment that would have substantially increased the number of banks that would be subjected to FDIC oversight...
...Leland Goss (“Flaws in New York State’s well-intended debt plan”, Letters, March 13) mischaracterises important aspects of the proposed New York State legislation....
...New York Community Bank will raise more than $1bn in a deal led by the investment firm of former US Treasury secretary Steven Mnuchin, in an effort to shore up its finances and calm fears after weeks of...
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