Activist investors may be targeting Too Big to Fail lender Bank of America
Too Big To Fail banks aren’t known to be activist investors’ favorite targets, which is why I was shocked to hear that there’s some nascent chatter in activist circles that the nation’s second largest ...
Another bad quarter for NYCB shows CRE problems are not yet behind banks
Regional lender New York Community Bancorp delayed its plan to become profitable to 2026, offering a new reminder that ...
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Capri Shares Crash 45% After Merger Block; Coursera Falls 18% on Lower Revenue Forecast
A U.S. judge blocked the $8.5 billion merger between Tapestry and Capri, favoring the Federal Trade Commission (FTC) and ...
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News today from Switzerland
This content was published on Oct 24, 2024 On Thursday, the Swiss Federal Railways presented its first fully renovated InterCity tilting train (ICN). Read more: Swiss railways presents first fully ...
Wells Fargo may lose $2 billion to $3 billion on its CRE office loan portfolio, CEO says
Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its ...
Wells Fargo may lose up to $3 billion on its office building loans
Chief Executive Officer Charlie Scharf said on Thursday that the U.S. lender may lose $2 billion to $3 billion on its ...