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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....
...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 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...
...The 44 per cent collapse in New York Community Bancorp’s share price this week is a reminder of how tough navigating these two roadblocks will be....
...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...
...New York Community Bancorp shares fell 38% on Wednesday, partly on worries about the bank’s exposure to commercial real estate....
The narrative of a perfect correlation between doing good and doing well has broken down
...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...
Regional lender’s shares plunge 40% but recover following news of a deal to shore up its finances
Industry earnings weighed down by one-off charges to replenish federal deposit insurance after regional banking crisis
...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...
Investors including former Treasury secretary Steven Mnuchin stand to make hundreds of millions on bailout
...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...
...Last week, the iPhone-maker also made an abrupt U-turn on its decision to remove web-based apps in the EU under pressure from the competition watchdog, which Apple initially claimed was required under the...
...“Loan growth is tepid across the industry,” Andrew Cecere, chief executive of US Bancorp, told analysts on its earnings call this week. “Demand for loans is quite low.”...
...The Ireland-domiciled iShares World Equity High Income and iShares U.S....
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...But Cowen’s U-turn is striking....
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...Li, of U-Power, is among Chinese EV executives who want their companies to be seen as “global”....
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