Rob Copeland
Posts
New York Community Bank Raises $1 Billion in Emergency Cash
Investors include Steven Mnuchin, who joined the board of the struggling midsize lender.
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.
Why One Shaky Bank Is Stirring Fears of a Wider Financial Mess
The recent troubles at New York Community Bancorp highlight risks that loom over lenders large and small.
New York Community Bancorp, Winner in Last Year’s Crisis, Takes a Hit
Shares of the small lender, which absorbed most of failing Signature Bank, collapsed after disappointing earnings report.
Citi Is Sued by New York State Over Account Transfer Fraud
New York’s attorney general said the bank failed to protect its customers from hackers who, in some cases, stole their life savings and college funds.
Dick Bove, Famed Banking Analyst Now Retired, Says Dollar is ‘Finished’
Dick Bove, the ubiquitous banking expert, is going out swinging after more than half a century in the business.
Jamie Dimon Reshuffles Management Team at JPMorgan
Many consider the moves a sign of a succession plan at the nation’s largest bank, although the stalwart Mr. Dimon has signaled he’s not going...
Goldman Sachs Sticks the Landing at End of Tumultuous Year
The Wall Street bank earned $2 billion in the fourth quarter, beating expectations, after a period marked by management missteps.
The Billionaires Spending a Fortune to Lure Scientists Away From Universities
Arena BioWorks is promising big paydays to nearly 100 researchers from Harvard, M.I.T. and other prestigious institutions.
A C.E.O. Who Resigned in Scandal Now Wants More Money
Timothy J. Sloan was criticized for failing to clean up Wells Fargo’s troubled culture when he headed the bank. He says in a suit that...