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Fulton Financial jumps after buying failed Republic First Bank's deposits, assets By Reuters
Investing.com· 6 days agoRegional banks have been struggling to retain deposits as customers seek the safety of larger...
UPDATE 3-Fulton Financial's stock jumps on takeover deal for failed Republic First Bank
Reuters via Yahoo Finance· 6 days agoFulton Financial's shares jumped on Monday after U.S. regulators brokered its takeover of...
New York Community Bancorp Inc (NYCB) (Q1 2024) Earnings Call Tr
Guru Focus· 4 days agoFor the complete transcript of the earnings call, please refer to the full earnings call transcript. NYCB has implemented a rigorous credit risk management process, increasing credit loss reserves ...
NYCB CEO predicts a 'clear path to profitability' after disclosing first-quarter loss
Yahoo Finance· 4 days agoTroubled regional lender New York Community Bancorp lost $327 million in the first quarter, but its...
NYCB postpones annual meeting by 2 weeks
Banking Dive via Yahoo Finance· 5 days ago“You can say, ‘We inherited this, and this is our plan.’” Another factor in NYCB’s woes is its rapid growth. It acquired Flagstar Bank in 2022, purchased...
SVB Financial to sell investment platform business SVB Capital
WSAU Wausau· 2 days ago(Reuters) - Collapsed U.S. lender SVB Financial Group said on Thursday that an entity affiliated...
The CEO Who Hired His Wife, Gave His Dog a Title, and Brought Down a Bank
The Wall Street Journal· 2 days agoVernon Hill’s Commerce Bancorp was about to open its first New York City branch in 2001 when his...
NYCB delays annual shareholders meeting by two weeks
Reuters· 6 days agoNYCB did not immediately respond to a Reuters request for comment seeking details about the delay. The bank has been under pressure since January when it...
Fulton (FULT) Buys Republic First Bank, Expands in Philadelphia
Zacks· 5 days agoFree Report) jumped 7.6% following the announcement of the acquisition of substantially all assets...
New York Community Bancorp Inc (NYCB) (Q1 2024) Earnings Call Transcript Highlights: Strategic ...
GuruFocus.com via Yahoo Finance· 3 days agoThere is ongoing stress in the office real estate market, which has necessitated increased allowances for loan losses in this segment. NYCB has experienced some talent attrition, particularly ...