Tag Archives: regional

[unable to retrieve full-text content]Bank deposits are back above pre-SVB levels. Regional lenders still have problems.  Yahoo Finance Source link

New York Community Bancorp (NYCB) played the role of rescuer during a 2023 regional banking crisis by purchasing some assets of the failed Signature Bank. Now it is experiencing some trouble of its own. The stock of the Hicksville, N.Y.-based lender fell 46% Wednesday after it reported a surprise net loss of $252 million for the fourth quarter and announced a suspension of its dividend. It recovered some of those losses by 11:30 a.m. ET, when it was down 34%, but it is still on track to post… Source link

Several of the nation’s best-known midsized lenders reported sizable drops in profits during the fourth quarter, a reminder of how challenging 2023 was. The problem is that things aren’t expected to get much better in 2024. The stock of Discover Financial Services (DFS) fell 11% Thursday after it reported that earnings fell 62% from the year-ago period. KeyCorp (KEY) fell by more than 4% after it said profits dropped 36%. Truist (TFC) rose slight after falling for most of the afternoon. It… Source link

[unable to retrieve full-text content]PacWest Leads Regional Bank Stock Rebound After Bruising Rout  Yahoo Finance Source link

[unable to retrieve full-text content]Stock market news today: Stock futures rise, regional bank stocks rebound  Yahoo Finance Source link

(Bloomberg) — Alphabet Inc.’s Google completed its third data center in Singapore, bringing its investment in such facilities in the city-state to $850 million as it vies with tech giants from Amazon.com Inc. to Meta Platforms Inc. for bigger clout in Asia. Since opening its first Singapore office in 2007 with 24 people, Google has grown its local staff to 3,000 and built infrastructure including subsea cables connecting the finance hub to the… Source link

Russian forces have lost ground in Severodonetsk, a key city in eastern Ukraine that has been the scene of ferocious fighting as Moscow seeks to gain control of Donbas, a regional governor said Sunday. “The Russians were in control of about 70 percent of the city, but have been forced back over the past two days,” Lugansk regional governor Sergiy Gaiday wrote on Telegram.  “The city is divided in two. They are afraid to move freely around the city.” The region of Lugansk has been… Source link

Reports Globe has released a new research study on the Global Search Engine Market 2021 by manufacturer, region, type and application, planned for 2026, which promises a comprehensive review of the market, clarifying past experiences and trends. Based on these past experiences, it offers prediction of the future by taking into account other factors that affect the growth rate. The report covers the crucial parts of the global Search Engine market and such factors as driving forces, current… Source link

BARCELONA (Reuters) – Young Catalans should stop partying to help halt a surge in new coronavirus cases or local authorities may have to reimpose harsh restrictions, the leader of the northeastern Spanish region said on Monday. Catalonia is at the heart of a rebound in coronavirus cases in Spain that started after a nationwide lockdown was lifted last month. France has asked its citizens not to travel there and Germany and Belgium have done the same for part of the region. “If we continue with… Source link