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New York Community Bancorp Inc
New York Community Bancorp’s chief risk officer left weeks before big loss
...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....
February 5, 2024
Pfizer Inc
Pfizer plans direct-to-consumer platform for Covid and migraine treatments
...The new platform would pull together these disparate offerings, the people said....
May 1, 2024
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
US equities
The tiny Chinese tea seller whose shares trade more than Tesla’s
...a lawyer at The Basile Law Firm, who has used New York state usury laws to void several small-company financing deals....
February 9, 2024
WPP PLC
Ogilvy forms health influencer unit to target ‘new frontier’ in marketing
...Rahul Titus, global head of influence at Ogilvy PR, said health influence was the “new frontier” in marketing....
April 23, 2024
Electric vehicles
China’s EV sector taps offshore markets despite rising western protectionism
...In a sign of improving investor sentiment towards Chinese-linked stocks, the Hangzhou-based premium car brand, carved out of China’s privately held Geely group, raised $441mn in New York from the sale of...
May 12, 2024
Exchange traded funds
WisdomTree faces new battle with largest shareholder
...WisdomTree’s largest shareholder has launched a new attempt to oust its chief executive, pressing for a potential sale of the $107bn asset manager and criticising its recent push into decentralised finance...
May 7, 2024
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Israel-Hamas war
Columbia threatens expulsion for student protesters
...Columbia University has warned that it will expel “dozens” of pro-Palestinian students who occupied one of its New York campus buildings, as US politicians led by President Joe Biden condemned their actions...
April 30, 2024
FT Globetrotter
Five of New York’s most exciting new-wave Chinese restaurants
...This article is part of FT Globetrotter’s guide to New York New York is a city of restaurant rebirth. For better or worse, establishments open and close as trends, populations, and generations change....
April 30, 2024
Pharmaceuticals sector
‘Pfizer for All’ consumer platform aims to provide post-Covid boost
...The New York-based drugmaker filed a trademark application in mid-April for a website and app providing medical information as well as mail-order pharmacy and telehealth services to US patients under the...
May 12, 2024
Reddit Inc
Reddit shares soar 48% in New York IPO
...The stock closed at $50.44 after trading began on Thursday at the New York Stock Exchange under the ticker RDDT, up 48 per cent from its IPO price of $34 a share....
March 21, 2024
Reddit Inc
Reddit chooses New York Stock Exchange for long-stalled IPO
...Social media platform Reddit has picked the New York Stock Exchange as the venue for its long-delayed stock market debut, according to two people familiar with the plans, a victory for the exchange in its...
February 2, 2024
New York Community Bancorp Inc
New York Community Bancorp shares sink after flagging problems with internal controls
...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...
March 1, 2024
Novavax Inc
Sanofi licensing deal doubles value of vaccine group Novavax
...Novavax shares closed 98.7 per cent higher on Friday in New York at $8.88, moderating from a gain of as much as 146 per cent earlier in the session, following the announcement....
May 10, 2024
Israel-Hamas war
Police raid UCLA protest camp as clashes over Gaza spread across US
...New York police made 282 arrests at Columbia and further uptown at New York’s City College on Tuesday night....
May 2, 2024
Peloton Interactive Inc
Peloton chief Barry McCarthy steps down
...Sales at the New York-based company surged during Covid-19 lockdowns, but it subsequently struggled as easing pandemic restrictions allowed people to resume in-person activities at gyms and fitness studios...
May 2, 2024
FT Live
Future of the Car 2025
The leading gathering for the automotive industry
Tuesday, 13 May 2025Sancroft, Paternoster Square, London EC4M 7DQ, UK
Oil
Canada’s oil industry cuts reliance on US market as pipeline expands
...The discount for Western Canadian Select has started to shrink from about $19 a barrel at the start of 2024 to about $12 at the end of April....
May 2, 2024
US society
Columbia University’s ‘Gaza encampment’ becomes centre of US stand-off
...It has also energised similar anti-Israel protests at other US campuses, from New York University to the University of California, Berkeley....
April 24, 2024
US banks
Shares plunge for saviour of failed Signature Bank
...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...
January 31, 2024
Moral Money
New York’s green troublemaker Premium content
...ESG Shareholder proposals Citigroup agrees to disclose green financing ratio Despite the backlash to environmental and social shareholder proposals, the New York City comptroller Brad Lander — who oversees...
March 20, 2024
New York Community Bancorp Inc
New York Community Bank seeks to reassure investors after Moody’s downgrade
...Shares in NYCB were down about 2 per cent by Wednesday lunchtime in New York....
February 7, 2024
Paramount Global
Skydance in exclusive merger talks with Paramount
...The $26bn value of Apollo’s takeover offer included debt....
April 3, 2024
Letter
Letter: German cannabis move makes financial sense too
...Ian Hamilton Associate Professor in Addiction, University of York, York, North Yorkshire, UK...
April 18, 2024
Drug prices
Copycats take bite out of AbbVie’s best-selling Humira drug
...This was driven by a surge in prescriptions of Sandoz’s Hyrimoz, CVS’s preferred biosimilar, which was given to more than 10,000 patients in the week ending April 12, pushing biosimilars’ share of new Humira...
April 25, 2024
New York Community Bancorp Inc
NYCB to raise $1bn in deal led by Steven Mnuchin’s investment firm
...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...
March 6, 2024
Credit cards
Visa and Mastercard agree $30bn settlement over US transaction fees
...Shares in Visa and Mastercard were trading close to flat in New York on Tuesday morning....
March 26, 2024

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