New York Community Bank to Buy Failed Signature Bank
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New York Community Bank COO Julie-Ann Signorille-Browne is stepping down
Browne’s departure follows a slate of recent executive exits at NYCB.MarketWatch - Business - New York -
RedBird Banks $4.7 Billion for Dealmaking
The sports, media and financial services investor collects fresh capital amid a flurry of high-profile deals.The Wall Street Journal - World -
FDIC Chair Martin Gruenberg to resign after damning workplace harassment probe
A recent report detailing a toxic culture at the FDIC described Chair Martin Gruenberg as having a "temper" and a "short fuse."CNBC - Business -
China Regulators to Discuss Property Aid With Banks Friday
Yahoo News - World - China -
What a Spanish bank mega-deal means for TSB
After BBVA’s bid, Sabadell is under pressure to prove it makes sense for a Spain-focused bank to own the midsize UK lenderFinancial Times - Business -
Mexico eyes tax squeeze on banks to raise revenue
New government will need to plug hole in public financesFinancial Times - World - Mexico -
Arab League Calls for U.N. Peacekeepers in Gaza and the West Bank
Any use of U.N. forces would have to be approved by the Security Council. “There first has to be peace to keep," said a U.N. spokesman.The New York Times - World -
Mortgage rates drop as markets bet on Bank of England cut
Fresh wave of competition among lenders could provide relief for homebuyers ahead of UK general electionFinancial Times - Business - Mortgage -
ECB pressures banks to speed up Russia exits on fear of US action
Regulator has requested detailed plans from lenders including Italy’s UniCredit and Austria’s RaiffeisenFinancial Times - Business - Russia -
When to Treat Your 401(k) as a Bank. And When to Keep It Locked Up.
Higher interest rates make retirement-plan loans more attractive, but there are risks.The Wall Street Journal - World -
Dimon Led Bank CEOs to Fend Off Tougher Capital Rules
Regulators discuss slashing proposed capital requirements in sign of banks’ increasing clout.The Wall Street Journal - World -
Russian court freezes assets of 2 German banks in gas project dispute
Yahoo News - World - Russia -
Week Ahead for FX, Bonds: PMI Surveys, Asia Central Banks in Focus
Key data from the U.S., Europe and U.K. will share the stage with a raft of central bank decisions out of Asia-Pacific, as the timing of interest rate cuts stays front of mind for investors.The Wall Street Journal - World -
Summer interest rate cut possible, says Bank deputy
Ben Broadbent's comments come ahead of data which is expected to show a fall in inflation.BBC News - Top stories -
Texas-based Independent Bank to be bought for $2 billion by Florida’s SouthState
Independent Bank Group will no longer be independent, after the Texas-based bank announced Friday an agreement to be acquired by Florida’s SouthState Corp. in an all-stock deal valued at about $2 billion.MarketWatch - Business -
Deutsche Bank raises S&P 500 price target to 5,500
Equity analysts at Deutsche Bank have raised their 2024 S&P 500 target to 5,500, joining a host of other Wall Street strategists who have expressed greater optimism as stocks have come roaring back from last month’s selloff.MarketWatch - Business -
Bank Regulator Overseeing ‘Toxic’ Culture Loses Key Supporter in Senate
Senator Sherrod Brown, the chair of the Senate Banking Committee, called for President Biden to replace Martin Gruenberg as leader of the F.D.I.C.The New York Times - Business -
‘You’re emptying my emotional bank account’: why is business jargon seeping into our relationships?
Some couples relish new ways to discuss their feelings by using the language of the workplace. For others it’s alienating. The language of relationships seems to have donned a blazer recently – or at least a fleece vest.. If you’re single and ...The Guardian - World -
Bank of America forecasts an upturn after the worst performance for 30-year bonds in over 100 years
The total return on 30-year bonds has declined by 45% since April 2020, the worst four-year loss in over 100 years, according to strategists at Bank of America.MarketWatch - Business -
Russian court seizes assets worth €700mn from UniCredit, Deutsche Bank and Commerzbank
Move against western lenders follows dispute with a subsidiary of GazpromFinancial Times - Business - Russia -
Card payments remain a ‘challenge’ for legal cannabis as major banks avoid the sector. Changing classification won’t help.
Standard credit card transactions remain elusive but more financial services firms are moving into the space.MarketWatch - Business -
Russian court seizes assets worth over $700 mln from UniCredit, Deutsche Bank and Commerzbank
A St Petersburg court has seized over €700 mln ($773 mln) worth of assets belonging to three western banks — UniCredit, Deutsche Bank and Commerzbank — according to court documents.MarketWatch - Business - Russia -
Islamic Jihad leader killed in West Bank and 70 targets hit in Gaza, says Israel
IDF says ‘senior terrorist operative’ Islam Khamayseh was killed in strike on the city of Jenin. Israel says its jets have struck 70 targets across Gaza in the past 24 hours, while an airstrike in Jenin killed a “significant” Islamic Jihad figure ...The Guardian - World - Israel -
‘Only Hamas can defend us’: Israeli raids and Fatah failures boost support in West Bank
Settler attacks and arrests of Hamas supporters create climate of fear and distrust in ruling Fatah party. Shuffling around his family home in the hills around Ramallah, Khalil was nervous after his release from prison the day before. His mother ...The Guardian - World - Israel -
Senate Banking chief calls on Biden to replace FDIC chair after sexual harassment probe
Senate Banking Committee Chair Sherrod Brown (D-Ohio) called on President Biden on Monday to replace the chair of the Federal Deposit Insurance Corporation (FDIC) in the wake of reports of a toxic workplace environment at the agency. Brown is the ...The Hill - Politics - Joe Biden -
Kosovo shuts 6 Serb bank branches over use of the dinar currency in a move that could raise tensions
Kosovo police have closed six branches of a Serbia-licensed bank in line with the decision on the ban of the use of the Serbian dinar currency in the countryABC News - World -
Efforts by JPMorgan's Jamie Dimon and other big-bank chief executives to resist Fed proposals that the lenders hold more capital appear to be paying off.
Efforts by JPMorgan’s Jamie Dimon and other big-bank chief executives to resist Fed proposals that the lenders hold more capital appear to be paying off.The Wall Street Journal - World -
Boebert heckled in New York while defending Trump
Rep. Lauren Boebert (R-Colo.) was heckled outside the Manhattan courthouse Thursday where she was attempting to defend former President Trump at his criminal hush money trial. As Boebert and several other Republicans broke away from a makeshift ...The Hill - Politics - New York -
Dublin-New York portal reopens with set hours
The livestream linking Dublin and New York was temporarily suspended due to "inappropriate behaviour".BBC News - Top stories - New York -
Jaap van Zweden, a Maestro New York Will Miss
The conductor, now concluding his final season as music director of the New York Philharmonic, enriched the orchestra’s sound and brought a fresh, compelling energy to familiar repertoire.The Wall Street Journal - World - New York -
At a New York Mahjong Tournament, a Younger Generation at the Table
Green Tile Social Club hosted its first tournament, where a younger generation gathered to play an old game and meet new friends.The New York Times - Lifestyle - New York -
Israeli minister vows to quit war cabinet if PM fails to agree new Gaza plan
Benny Gantz’s threat to withdraw his opposition party from coalition calls into question future of government. The Israeli war cabinet minister Benny Gantz has threatened to resign if Benjamin Netanyahu fails to adopt an agreed plan for Gaza, ...The Guardian - World - Israel -
Kosovo prepares a new draft law on renting prison cells to Denmark after the first proposal failed
An official in Kosovo says the Cabinet has renewed efforts with a new draft law on renting a prison in the south of the country to Denmark to help it cope with its overpopulated prison systemABC News - World -
FDIC Chairman Martin Gruenberg bowed to pressure to resign from the bank regulator after an external investigation found widespread sexual harassment at the agency and lawmakers of both parties berated his leadership.
FDIC Chairman Martin Gruenberg bowed to pressure to resign from the bank regulator after an external investigation found widespread sexual harassment at the agency and lawmakers of both parties berated his leadership.The Wall Street Journal - World -
On a Hollywood studio lot, a new New York comes to life
As a legendary New York City set on Fox Studios' backlot aged, a new one was needed. The set is the centerpiece of a movie studio that is itself a leading character in Hollywood lore.Los Angeles Times - Entertainment - New York -
Trump team still considering calling witnesses in New York trial
Donald Trump's criminal trial continues Thursday with more testimony from the former president's former lawyer Michael Cohen. Cohen is the prosecution's last witness, with the defense still considering calling additional witnesses to the stand. ...CBS News - Top stories - New York -
How to watch the New York Rangers vs. Carolina Hurricanes Game 6
Watch Game 6 of the exciting New York Rangers vs. Carolina Hurricanes NHL Stanley Cup Playoffs series tonight.CBS News - Top stories - New York -
How to watch New York Knicks vs. Indiana Pacers Game 6
The New York Knicks face the Indiana Pacers tonight for Game 6 of the NBA Eastern Conference semifinals.CBS News - Top stories - New York -
New York crypto personality used 'Seinfeld' joke in fraud, feds reveal
A New York man pleaded guilty to swindling people out of more that $1 million in a scheme that referenced the "Seinfeld" character George Costanza.CNBC - Business - New York -
Suspect arrested in New York City attack on actor Steve Buscemi
A 50-year-old man is charged with assault after actor Steve Buscemi was punched in an apparent random attack in New York City.CBS News - Top stories - New York