Real estate pain for US regional banks is piling up, say investors cyprus-mail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from cyprus-mail.com Daily Mail and Mail on Sunday newspapers.
New York Community Bank's commercial real estate exposure has raised concerns among investors after the regional bank was hit with downgrades of its credit ratings in recent weeks.
(Bloomberg) The volatility that buffeted shares of regional banks this week minted big paper profits for short-sellers, reminiscent of their gains during last year’s tumult in the sector.Most Read from BloombergDonald Trump Loses London Case Against Ex-MI6 Spy Over Kremlin DossierA $560 Billion Property Warning Hits Banks From NY to TokyoApple’s China Slump Deepens Even as Total Sales Grow AgainMark Zuckerberg’s Wealth Surges by $27 Billion as Meta RalliesThe Most Popular Man in Ukraine Has B
Two Days of Regional-Bank Tumult Netted $1.1 Billion for Short Sellers bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.