NYCB Lost 7% of Deposits in One Month, Highlighting Challenges of New Rescue
New York Community Bancorp (NYCB) said Thursday it lost 7% of its deposits over the last month, highlighting the challenges.
New York Community Bancorp (NYCB) said Thursday it lost 7% of its deposits over the last month, highlighting the challenges.
Deutsche Bank's recent enforcement of policy requiring employees to work from office 3 days a week sparked significant dissent among its workforce.
Wells Fargo CEO Charlie Scharf has added another heavyweight from his JPMorgan Chase days to his leadership team.
Stocks made new record highs, the S&P 500 reaching a closing high of 5,088.80 and intraday high of 5,111.06 on Friday. For the week, S&P gained 1.7%.
After more than $1 trillion flowed into money-market funds last year as short-term rates rose, investors are trying to figure out where it goes next.
The volume of US mergers and acquisitions is up 130% so far this quarter, to $288 billion, according to data from Dealogic. Worldwide M&A it's up 56%.
Morgan Stanley used "unrealistic", "inappropriate" near $1.0B margin call to force trades held by retail tycoon Mike Ashley's Frasers group off books.