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...The deal under discussion would see Brookfield invest more than $1.5bn to buy a majority interest in Castlelake and make a large investment in its funds, three people briefed on the matter told the Financial...
...But regulators are studying the liquidity risks being stored up in these strategies, and the potential spillover effects for the wider financial sector....
...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...
...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...
...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...
...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....
...US regional banks are not out of the woods yet....
...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...
...NYCB gets worse It is a sign of our times that a pretty big US bank is in deep crisis and nobody much cares....
...Today on the show, Ethan Wu is joined by Robert Armstrong and FT property correspondent Joshua Oliver, who explain what’s going on with NYCB, and what the bank’s troubles tell us about the commercial real...
...And Webster Financial is highly concentrated in CRE, at 265 per cent of capital....
...The number of large US companies missing deadlines to file their annual reports has jumped this year, leaving investors in the dark as executives and their auditors wrestle with accounting problems and weaknesses...
...Profits in the US banking sector tumbled almost 45 per cent year on year in the final quarter of 2023, even as the squeeze on consumers eased and confidence grew that the US economy would avoid a near-term...
...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....
...DiNello said the involvement of Mnuchin, Otting and Berlinski was “a positive endorsement of the turnaround that is under way and allows us to execute on our strategy from a position of strength”....
...aircraft leasing company AerCap....
...New York Community Bancorp and toymaker Mattel made similar disclosures on Thursday afternoon....
...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...
...Financial markets remain vulnerable to higher futures pricing. After over-optimistically betting on six quarter-point cuts, investors dived into equities and other riskier assets....
...Leasing activity for US offices picked up in the fourth quarter of 2023, with several large deals announced, also contributing to expectations that activity was resuming in the market after an extended pause...
...Moody’s said the deposit downgrade makes NYCB the only US bank it rates to have a non-investment grade deposit rating....
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