Banking Archives - The Local News App https://thelocalnews.app/tag/banking/ Only what you care about Thu, 01 Feb 2024 14:06:53 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://thelocalnews.app/wp-content/uploads/2024/01/cropped-the-local-news-app-logo-512-1-150x150.png Banking Archives - The Local News App https://thelocalnews.app/tag/banking/ 32 32 220501511 New York Community Bank Faces Investor Scrutiny Amid Quarterly Loss https://thelocalnews.app/new-york-community-bank-faces-investor-scrutiny-amid-quarterly-loss/ https://thelocalnews.app/new-york-community-bank-faces-investor-scrutiny-amid-quarterly-loss/#respond Thu, 01 Feb 2024 14:06:50 +0000 https://thelocalnews.app/?p=5032 Nearly a year ago, New York Community Bank (NYCB) navigated the regional bank crisis by acquiring assets from the failed Signature Bank, propelling itself into the league of banks with over $100 billion in assets. However, recent events have shifted the spotlight onto NYCB, as it unexpectedly reported a quarterly loss, causing its shares to […]

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]]> https://thelocalnews.app/new-york-community-bank-faces-investor-scrutiny-amid-quarterly-loss/feed/ 0 5032 New York Community Bancorp’s Loss Triggers Regional Bank Stock Decline https://thelocalnews.app/new-york-community-bancorps-loss-triggers-regional-bank-stock-decline/ https://thelocalnews.app/new-york-community-bancorps-loss-triggers-regional-bank-stock-decline/#respond Wed, 31 Jan 2024 18:27:42 +0000 https://thelocalnews.app/?p=4792 In a recent turn of events, New York Community Bancorp faced a setback, leading to a significant decline in regional bank stocks. The bank reported a quarterly loss exceeding $250 million, prompting a substantial drop in its shares. This decline had a ripple effect on smaller lenders, causing concern within the financial sector. Financial Impact […]

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