Hints and tips:
Related Special Reports
...The USW petition will claim that Chinese shipbuilders have benefited from protectionist government policies, including preferential financing ranging from state-run bank loans to tax breaks....
...From a report the investment bank sent out yesterday, with Alphaville’s emphasis below: — The wide adoption of hybrid work caused a structural decline in office demand....
...However, they are also among the largest commercial real estate lenders in Germany, where Deutsche Bank leads, followed by state-owned Landesbanks LBBW and BayernLB....
...Regional US lender New York Community Bancorp on Wednesday revealed it had taken large losses on loans tied to commercial property, while Japan’s Aozora Bank and Deutsche Bank on Thursday warned about the...
...The Inter-American Development Bank on Sunday won board approval for the moves at its annual meeting in the Dominican Republic, including sweeping changes under which it will focus on fewer, bigger loans...
...However banks are displaying forbearance too: Goldman Sachs estimates that $270bn of commercial mortgages which were supposed to mature in 2023 have been extended into 2024....
...This is an audio transcript of the Unhedged podcast episode: ‘Will commercial real estate hurt regional banks?’...
...The sharp deterioration took place in the last year after delinquent commercial property debt for the six big banks nearly tripled to $9.3bn....
...Bonds issued by Aareal Bank, another German lender exposed to US commercial real estate, have also been hit, though to a lesser degree....
...That’s when he got a call from James Robinson III, who was then the chief executive of American Express and the biggest power broker on Wall Street....
...Japan’s Aozora Bank blamed souring office loans in the US as it forecast its first full-year loss since 2009, in a sign of the rising stress in the American commercial property market....
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...Banks will have to cut their exposure to commercial real estate because of a $2tn “wall” of property debt coming due in the next three years, according to a leading US brokerage....
...Bank of China, the most internationally exposed bank among its peers, now operates a sprawling network of 534 branches, covering a third of countries globally, according to its latest annual report....
...The case in point here is Boeing, which was allowed to purchase the only other US domestic producer of commercial aircraft, McDonnell Douglas, in 1997....
...Today for the first time . . . a commercial company, an American company has launched and led the voyage up there. This shows the power and promise of Nasa’s commercial partnerships. What a triumph!”...
...Regional US lender New York Community Bancorp revealed it had taken large losses on loans tied to commercial property recently, while Japan’s Aozora Bank and Deutsche Bank warned about the risks from their...
...Defenders of the multilateral development banks will respond that the World Bank and other MDBs — unlike commercial lenders — are not return maximisers....
...New York Community Bancorp shares fell 38% on Wednesday, partly on worries about the bank’s exposure to commercial real estate....
...Then, $1.7bn in claims of Chinese state-owned banks (including CDB) backed by China’s export credit agency had to be reclassified as commercial at the last minute before official creditors agreed on a deal...
...Major global financial institutions, including commercial banks, central banks and financial market infrastructures, are already tokenising assets....
...The bank said much of the jump in loan losses was tied to credit cards and commercial real estate. The bank said it took losses on 16 different office loans in the quarter....
...It’s been clear for nearly a year that regional banks’ fates could turn on their exposure to commercial real estate markets, and New York Community Bancorp just gave investors a very jarring reminder....
...assets that commercial banks need to have....
International Edition