Today: September 08, 2024
Today: September 08, 2024

Latest From Manya Saini and Niket Nishant

Finance

US regional bank deals rise as lenders aim to bolster balance sheets

Regional lenders at the heart of last year's banking crisis are cutting more deals to shore up their balance sheets and compete with rivals, extending a

US regional bank deals rise as lenders aim to bolster balance sheets
Business|Finance

B. Riley says co-founder has offered to take it private

B.

Business

NYCB turnaround faces rocky road as commercial real estate exposure a drag

New York Community Bancorp's turnaround will likely take a long time as analysts expect profits to remain under pressure from the lender's efforts to boost

NYCB turnaround faces rocky road as commercial real estate exposure a drag
Business

NYCB seeks to stem stock rout with Mnuchin-backed $1 billion capital injection

New York Community Bancorp's shares rose on Thursday after a $1 billion infusion from a consortium of prominent investors led by former U.S.

NYCB seeks to stem stock rout with Mnuchin-backed $1 billion capital injection
Business

Profits of US mid-sized banks likely to be squeezed by higher funding costs

U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, a move that could crimp margins and add pressure to an

Profits of US mid-sized banks likely to be squeezed by higher funding costs
Business|Economy

NYCB's estimate-topping profit forecasts fire up battered shares

New York Community Bancorp forecast far better-than-expected profit for the next two years and said on Wednesday it was close to selling $5 billion of

NYCB's estimate-topping profit forecasts fire up battered shares
Economy

Short-sellers rake in nearly $1 billion targeting US regional bank ETF

Short sellers targeting a key regional U.S. bank exchange-traded fund have made $977 million on paper so far in 2024, data from analytics firm Ortex showed

Short-sellers rake in nearly $1 billion targeting US regional bank ETF
Economy

Layoffs lurk on Wall Street as macroeconomic outlook remains murky

Top U.S. banks could cut jobs further to keep their expenses in check, especially if lingering economic weakness derails a fledgling recovery in investment

Layoffs lurk on Wall Street as macroeconomic outlook remains murky

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