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Regional Lenders

All articles tagged with #regional lenders

finance1 year ago•2 min saved

"US Bank Regulators Conduct Health Checks Amid NYCB Stock Rout and Rent-Stabilized Sector Turmoil"

U.S. banking regulators are conducting health checks on regional lenders following New York Community Bancorp's disappointing earnings and dividend cut, with concerns about the health of the sector persisting. Regulators have been inquiring about liquidity, impact on deposit flows, and worries from customers, particularly regarding commercial real estate (CRE) loans. The heightened monitoring includes conversations around every area of operation to ensure that banks are resilient, as smaller banks account for nearly 70% of all CRE loans outstanding.

via Yahoo Finance|

#commercial-real-estate-loans #finance #liquidity

financeeconomy1 year ago•1 min saved

"Global Banking Sector Braces for Commercial Real Estate Crisis Impact"

Regional banks, particularly New York Community Bancorp, are facing a growing crisis due to their exposure to souring commercial real estate loans, leading to credit downgrades and stock sell-offs. The shift in working practices post-pandemic has disrupted the commercial real estate market, with lenders potentially facing a "maturity wall" of $1.5 trillion in loans coming due. Investors fear a repeat of the banking crisis as regional banks' stocks continue to plummet amidst concerns over their commercial real estate loan portfolios.

via The New York Times|

#banks #commercial-mortgages #financeeconomy

finance2 years ago•0 min saved

First Citizens' SVB acquisition leads to massive profit and stock surge.

First Citizens Bancshares' stock has surged following the collapse of Silicon Valley Bank in March, which has been a headache for bank stocks, especially smaller, regional lenders.

via Barron's|

#bank-stocks #finance #first-citizens-bancshares

finance2 years ago•2 min saved

First Republic Bank's Deposit Flight Sends Shares Plunging.

First Republic Bank faces a tough challenge to recover its business after losing over half of its deposits, with shares dropping 20% in premarket trading. The bank reported a more than $100 billion plunge in deposits in the first quarter, following the biggest crisis to hit the banking sector since 2008. Analysts expect challenges to extend through the year after two US bank failures last month created a liquidity crunch at a slew of regional lenders. The bank plans to shrink its balance sheet and cut expenses by cutting executive compensation, paring back office space, and laying off 20%-25% of employees in the second quarter.

via Reuters.com|

#banking-sector #deposit-flight #finance

finance2 years ago•0 min saved

Fed Proposes New Rules for US Banks Following Failures.

US banks are divided as regulators seek to strengthen oversight after a series of failures eroded confidence in the financial system. Regional lenders, who are more likely to face new rules, are trying to persuade regulators to increase oversight of larger banks, which may have to cover a larger portion of the costs of bailouts. However, members of Congress, facing public anger over wealthy depositors being made whole, are less receptive than ever to lobbying for weaker regulation.

via Bloomberg|

#finance #financial-system #lobbying