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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....
...The group, whose combined membership exceeds 340,000, wrote to the board of CVC-owned Lipton Teas and Infusions in February expressing an interest in purchasing the estates on behalf of the local community...
...I don’t go into pubs often but abhor the fact that new housing estates do not seem to have pubs or corner shops or village halls or anything where the community may gather....
...New York Community Bancorp shares fell 38% on Wednesday, partly on worries about the bank’s exposure to commercial real estate....
...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...
...The Scottish government has introduced land reform legislation to encourage community ownership by granting ministers powers to intervene in the sale of estates of more than 1,000 hectares....
...Higher than expected losses from real estate loans for NYCB have revived concerns about potential defaults....
...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...
...Some 55 per cent of US homeowners are at least 55 years old, and half of them tell surveys that they expect to move a different house or a different community as they age....
...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...
...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....
...This week, however, it caused a frisson in the real estate world....
...The bank also named Colleen McCullum as chief audit executive, joining from United Community Bank....
...Signs of stress in the commercial real estate sector are now coming thick and fast....
...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...
...And if there’s gonna be trouble in commercial real estate, some bank has to be the first to really get hit by it. And so it is correct to say maybe New York Community Bancorp is the first of many....
...The estate extends to a lake and grounds designed by Capability Brown, as well as cottages, tennis courts, boathouse and spa....
...The Department for Levelling Up, Housing and Communities declined to specify when ministers would decide....
...In the past three weeks, Japan’s Aozora, Deutsche Bank and New York Community Bancorp have all flagged potentially large losses due to their exposure to the US office market....
...hoped so although they still want to move to the country for lifestyle and family reasons, the commute and the proximity to the train station are crucial, as is being in a thriving village with a good community...
...The area here is rural and quite old-school; people move in, and move out when they die, so there’s a real community. My new book, a satire, is the first one I’ve set in the Cotswolds....
...drug abuse begin to surge, community centres and support networks face funding cuts and closures....
...The Department for Levelling Up, Housing and Communities said the changes were part of a wider plan to prevent the “hollowing out” of communities and ensure local people can continue to live in the area...
...When New York Community Bank reignited concerns about US regional banks by revealing big losses from commercial real estate loans at the end of January, Steven Mnuchin spotted his chance to get back into...
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