Bank Runs Spooked Regulators. Now a Clampdown Is Coming.
Federal Reserve officials and other bank regulators could roll out a new proposal this spring to ward off a repeat of 2023’s banking turmoil.
Posted inBanking and Financial Institutions Federal Deposit Insurance Corp New York Community Bancorp Inc. Real Estate (Commercial) Regulation and Deregulation of Industry
NYCB Shares Slide After Losses Deepen
The lender’s shares plunged on Friday after it disclosed more losses and said it could not file its annual report on schedule.
Posted inBanking and Financial Institutions Europe European Central Bank European Commission Eurozone France Germany Government Bonds Inflation (Economics) Interest Rates Prices (Fares, Fees and Rates) Spain
Eurozone Inflation, Continuing to Ease, Rose 2.6% in February
Prices in the countries that use the euro trended downward in February. But the European Central Bank remains cautious about lowering interest rates.
Posted inBanking and Financial Institutions Company Reports New York Community Bancorp Inc. Signature Bank
New York Community Bank Reports $2.4 Billion More in Losses as C.E.O. Resigns
The lender said its earnings were far weaker than it had earlier stated, and it disclosed the discovery of “material weaknesses” in its internal controls.