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FDIC: data reveals U.S. banks are currently facing $329 billion in unrealized losses
Barchart announced that U.S. banks are still facing $329 billion in unrealized losses. FDIC data revealed that U.S. banks ...
SouthState Bank to sell Georgia branches in $475 million deal with investment firm
New York-based Blue Owl Real Estate Capital will pay roughly $475 million for the branches, which are located in Alabama, ...
William Penn Bancorporation Announces Quarter End Results And Cash Dividend to Shareholders
BRISTOL, PA / ACCESSWIRE / January 15, 2025 / William Penn Bancorporation ("William Penn" or the "Company") (NASDAQ CM:WMPN), ...
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U.S. bank crisis imminent? American banks face $329B in unrealized losses
Recent FDIC data highlighted U.S. banks are facing more than $300 billion in unrealized losses, reviving the fears of another ...
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FDIC’s Gruenberg cautions against ‘complacency,’ urges strong supervision
The outgoing FDIC chair, speaking Tuesday at the Brookings Institution, shared lessons learned from bank crises “as we head ...
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SEC Asks New York Banks To Reveal Their Exposure To Rent-Stabilized Loans
Dime Community Bancshares, Delhi Bank Corp. and New York Community Bancorp, now known as Flagstar Financial, have all ...
Financial Services: The Benefits of a Steep Yield Curve Are Largely Already Priced In
Our top picks in this sector include MarketAxess and PayPal.
News Highlights: Top Financial Services News of the Day - Thursday at 4 PM ET
China's currency has had a rough start to 2025. It is nearing a 16-month low, and many economists predict it has further to fall. The central bank cut its benchmark rate by 25 basis points to 10% in ...