Steven Mnuchin Backs New York Community Bank in $1 Billion Deal – The New York Times
New York Community Bank, a mid-sized financial institution under pressure over real estate lending and internal controls, on Wednesday secured more than $1 billion in emergency cash, added former Treasury Secretary Steven Mnuchin to its board of directors, and appointed former Treasury Secretary Steven Mnuchin to its board of directors. He announced comprehensive reforms, including: […]
New York State Sending National Guard to NYC so Commuters ‘Feel Safe’
New York state has deployed National Guard, state police and MTA officers to New York City’s subways to help commuters “feel safe” amid the mayor’s leadership failures that have devastated the city. New York Gov. Cathy Hochul (D) on Wednesday sent state police and a “team of mental health workers” to the Big Apple’s subway […]
New York Governor calling in in National Guard to help curb crime in NYC subways
New York Governor Kathy Hochul is deploying the National Guard to New York City to help police curb a surge in crime in the city’s subways. On Wednesday, the Democratic governor announced a five-point plan that would deploy 750 National Guard troops to subways to help New York City police check bags at busy station […]
Another Plummet for New York Community Bancorp (NYSE:NYCB) – TipRanks.com – TipRanks
One might have thought the worst was behind bank stock New York Community Bancorp (New York Stock Exchange: New York CB). Unfortunately, some people may be wrong. New York Community shares fell another 42% in afternoon trading on Wednesday, even as trading was suspended following new reports suggesting the bank was desperately searching for cash. […]
Embattled New York Community Bancorp gets $1 billion cash infusion, adds Steven Mnuchin to its board – Yahoo! Voices
NEW YORK (AP) — Embattled New York Community Bancorp said Wednesday it will be offered a lifeline of more than $1 billion from a group of investors after its stock price fell more than 80% this year. did. The deal will add four new directors to the bank’s board, including Steven Mnuchin, a former Treasury […]
Dexter-inspired New York man convicted of killing and dismembering woman | New York
Federal prosecutors have convicted a New York City man of murdering and dismembering a woman to collect her life insurance money. A federal jury on Monday sentenced Corey Martin, 36, of Rosedale, Queens, to murder and identity theft after 26-year-old Brandi Odom was strangled in her bedroom in 2018. He was found guilty of a […]
New York Community Bancorp seeks cash infusion
Wedbush’s David Chiaverini believes local banks should be able to weather the recent financial storm with a “Cramman countdown.” New York Community Bancorp is seeking to raise equity capital to shore up confidence in struggling community financial institutions. Worried by concerns about potential losses on real estate loans, weak internal controls and a sharp decline […]
New York reinstituting bag checks in fight against subway crime
New York City Mayor Eric Adams (D) announced Tuesday that the city will resume bag checks to combat subway crime. “[W]We are resuming baggage screening,” Adams said. said at a press conference on Tuesday.. “There are some things we are reintroducing into the system.” Asked about the timeline, Adams said bag checks would resume in […]
Saquon Barkley Headed To Free Agency After New York Giants Decline Franchise Tag: REPORT
Is there no more Saquon in the Big Apple? … It can happen. Saquon Barkley — Twice The former Pro Bowl running back for the New York Giants may no longer be a superstar as he heads into free agency for the first time in his six-year NFL career. According to a Tuesday report from […]
Millions along I-95 corridor from New York to Boston face flood risk Wednesday
After continued rain Tuesday, people living along and east of Interstate 95 face the risk of flash flooding from another storm moving into Wednesday. A weak coastal low moved up the East Coast and rain spread north into the mid-Atlantic and Northeast on Tuesday. Wet rain will develop again in the mid-Atlantic starting Wednesday morning […]