Bank

Business

Jay Powell Signals a Retreat on Banking Rules

The Fed chair said regulators could scale back or rework a sweeping capital-requirements proposal that Wall Street has been fighting…

Business

New York Community Bank Raises $1 Billion in Emergency Cash

Investors include Steven Mnuchin, who joined the board of the struggling midsize lender.

Business

Bank Runs Spooked Regulators. Now a Clampdown Is Coming.

Federal Reserve officials and other bank regulators could roll out a new proposal this spring to ward off a repeat…

Business

New York Community Bank Reports $2.4 Billion More in Losses as C.E.O. Resigns

The lender said its earnings were far weaker than it had earlier stated, and it disclosed the discovery of “material…

World

Eurozone Inflation, at 2.6%, Continues to Ease

The News Inflation rates across most economies in Europe continued their descent last month. Consumer prices in the 20 countries…

Business

Big Dreams Come Back to Bite New York Community Bank

Acquiring billions of dollars in assets from Signature Bank when it went under last year contributed to the Long Island…

Business

The Real Estate Crisis Looming Over Banks

A year after the collapse of Silicon Valley Bank, investors are fearing for regional lenders saddled with a mountain of…

Business

Biggest U.S. Banks Earn Billions, Even After Insurance Bill

JPMorgan Chase, Bank of America and Wells Fargo reported healthy quarterly profits despite having to pay to replenish the industry’s…

World

Eurozone Price Pressures Edged Higher to End the Year

Inflation in the countries that use the euro rose to 2.9 percent in December, but the underlying rate continued a…

World

A Hapless Robber, Exposed by a Cloud of Dye, Gets His Day in Court

Nobody disputed that the defendant had handed over a note demanding money — please — from a Newark bank. The…

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