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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....
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...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...
...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....
...There was a significant drop in those deposits late last week, causing a cash crunch at the bank and leading it to seek a deal to shore up its finances....
...The lawyers are members of the Delaware state bar association that customarily makes such proposals to update the state’s corporate law....
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...The FTC’s move imperils efforts to build a US challenger seeking to shore up the gap with European conglomerates LVMH and Kering, which have grown to dominate sales of luxury handbags, shoes and clothing...
...The bank also named Colleen McCullum as chief audit executive, joining from United Community Bank....
...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...
...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...
...On his first visit to Canada since the war began, Zelenskyy will join prime minister Justin Trudeau on Friday to meet members of the country’s business community....
...Faced with declining customer demand in some areas of their business, and pricing pressure across the board, consulting firms are trying to shore up profits by curtailing hiring and holding down pay, she...
...A further irony is that today if there are holdouts they appear to be found within the official creditor community, something the New York proposal does not address....
...New York Community Bancorp, with $115bn or so in assets, is having serious problems, and the broad market (here represented by the S&P 1500) indifferent: Admittedly the regional bank index is underperforming...
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...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....
...Reddit’s follows user backlash at the company’s decision to charge for access to its data. It may work, though the Reddit community is notorious for casting a critical eye on the company’s leadership....
...The drive is one of a number of ways independent school leaders are looking to shore up their finances and ensure a steady supply of students in the next academic year....
...Tesla’s share in China’s EV and hybrid market segment fell from 7.7 per cent to 6.6 per cent in the first two months of the year, according to the China Passenger Car Association....
...The British Property Federation, a trade association, also warned the move would hurt pension savers and that the government could face a legal challenge....
...from the US and Caricom, the Caribbean Community trade bloc....
...Communities have tried other ways to mitigate the flood risk to their homes, but the costs can be prohibitive....
...Shares in New York Community Bancorp meanwhile fell by a quarter on Friday after the regional lender delayed its annual report, saying it had found material weaknesses in the internal controls that guide...
...He added: “We think it is important for every part of society to show support for the Jewish community.”...
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