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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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...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....
...But a New York listing would do little to solve Wood’s woes. Given its £971mn market value, it is not clear what US index it would get into....
...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...
...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...
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Potential sale comes after Apollo’s $26bn offer was rebuffed
...Shares in NYCB were down about 2 per cent by Wednesday lunchtime in New York....
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Shah Capital wants change in US biotech’s strategy as its shares have tumbled since their pandemic peak
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...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...
...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...
...In a statement, Matt van Buren, CBRE’s New York tri-state president, thanked Stacom, saying: “During her more than 20 years here, Darcy drove some of New York’s most iconic transactions and has been a champion...
...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....
...Flutter’s US growth prospects, plus its secondary listing in New York in January, have allowed it to far outpace challenged London-listed rivals....
Fourth-largest US lender reports quarterly net income of $3.4bn
Share sale follows investor’s admission that an earlier cut to its holding may have been a mistake
A company launched in 1963 confronts challenge of adapting to the rise of anti-obesity injections
...The takeover of Inchcape’s dealerships will give New York-listed Group 1 Automotive which has outlets in London, sites in the northern part of the UK....
...TGI Fridays — short for Thank Goodness It’s Friday — began in New York in 1965, and opened its first UK restaurant in Birmingham in 1986....
...Academics are boycotting a leading gender studies journal owned by New York-listed publisher Wiley after its editors and policies were changed in what they characterise as an “anti-woke” drive against radical...
...Once again we find ourselves in 1960s Italy, where broke New York grifter Tom Ripley has been sent on a mission by a shipping magnate to convince his work-shy son Dickie Greenleaf — apparently an old friend...
...That writedown stemmed from a 2019 change in New York rent control regulations paired with a big increase in interest rates....
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