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NYCB Sells $5 Billion in Loans to JPMorgan
PYMNTS.com· 1 day agoNew York Community Bank (NYCB) is selling $5 billion in loans to J.P. Morgan Chase. The sale of these “mortgage warehouse loans” is designed to...
Here’s what Druckenmiller did as he sold Nvidia — it’s a risky bet on an unloved asset
Market Watch· 13 hours agoThrough his Duquesne Family Office, Druckenmiller invested a 15% chunk of his portfolio in call...
What Is a Regional Bank? - NerdWallet
Nerdwallet· 1 day agoA regional bank is a midsize bank that meets certain asset requirements and often serves a particular region. Here’s a guide to regional banks and how...
Soros Fund Management dumps New York Community Bank stake
Market Watch· 1 day agoFitch Ratings last week cut its long-term issuer default ratings for New York Community Bancorp Inc....
How do banks make money?
Yahoo Personal Finance· 4 hours agoBanks offer several financial products and services to both consumers and businesses. But as for-profit organizations, banks are in the business of...
The Pataskala Banking Company acquired by New Lexington-based Peoples State Bank
Gannett via AOL· 3 days agoThe Pataskala Banking Co. is being acquired by a New Lexington-based community bank. The banking company and Peoples National Bancshares Inc., the holding ...
Federal Banking Agencies Issue New Guidebook for Community Banks Managing Third-Party Relationships...
JD Supra· 3 days ago...The TPRM Guide builds upon the principles introduced in the third-party risk management guidance for banking organizations issued by the agencies in June 2023 (the June 2023 Guidance, discussed here) as well as the agencies’ community bank guide for conducting due diligence on fintech companies...
How Lead Bank’s co-founder transformed a century-old community bank into an innovative fintech...
Fortune· 1 day agoAlan Murray: Leadership Next is powered by the folks at Deloitte who like me, are exploring the changing rules of business leadership and how CEOs are navigating this change. Again, shout out ...
International Finance Bank names new CEO, president - South Florida Business Journal
The Business Journals· 2 days agoA Coral Gables-based community bank hired a new chief executive after its previous leader stepped...
New defendants named in Five Star Bank's $18.9M 'check kiting' lawsuit
WGRZ-TV Buffalo· 2 days agoAn updated civil complaint in Five Star Bank's lawsuit against Rochester restaurateur Katherine Mott...