banks

adventtr/iStock via Getty Images In just two days New York Community Bancorp (NYSE:NYCB) stock swooned 45% after it shocked Wall Street with a massive provision for credit losses in Q4 2023 ($552M vs. $45M Bloomberg consensus) in…

The banking worries in the US this week were triggered by:New York Community Bancorp cutting its dividend on higher capital rules and commercial strainA Japanese bank reporting unexpected losses on US commercial real estateDeutsche Bank…

(Bloomberg) -- The US commercial real estate market has been in turmoil since the onset of the Covid-19 pandemic. But New York Community Bancorp and Japan’s Aozora Bank Ltd. delivered a reminder that some lenders are only just beginning to…

© Reuters. Chinese Yuan banknotes are seen in this illustration picture taken June 14, 2022. REUTERS/Florence Lo/Illustration (Reuters) - China's major state-owned banks were heavy sellers of dollars on Wednesday, three people with…

Daniel Batten, managing partner at CH4 Capital and a noted climate activist for The Bitcoin ESG Forecast, has brought to light new research indicating a concerted effort by Central Banks, particularly within the European Union, to…

In the ever-evolving landscape of commercial payments, banks are confronted with a crucial imperative: to transcend the conventional and envisage what the next five or ten years hold for this dynamic sector. The key lies in charting a…

The case concerning Roman Abramovich's NIS 8 million donation to the ZAKA search and rescue organization has today taken another twist. Attorney General Gali Baharav-Miara, representing Supervisor of Banks Daniel…

© Reuters. FILE PHOTO: A China yuan note is seen in this illustration photo May 31, 2017. REUTERS/Thomas White/Illustration.File Photo By David Lawder MILWAUKEE (Reuters) -U.S. Treasury Secretary Janet Yellen said on Friday that…

High risk warning: Foreign exchange trading carries a high level of risk that may not be suitable for all investors. Leverage creates additional risk and loss exposure. Before you decide to trade foreign exchange,…

The traditional banking industry is facing a talent drain, with a growing number of professionals migrating to the burgeoning world of cryptocurrency. A new study by Bitget reveals that one-third of all applicants for…