by Phil Hall | Mar 6, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
The financially troubled New York Community Bancorp (NYSE:NYCB) is receiving a lifeline in the form of a capital investment worth more than $1 billion. The Wall Street Journal, citing unnamed “people familiar with the matter,” reported that Liberty Strategic, Citadel...
by Phil Hall | Mar 4, 2024 | Commercial Real Estate News, Current News & Events, Real Estate News, WRE News Exclusive
The tumult surrounding New York Community Bancorp (NYSE:NYCB) became more severe with two ratings agencies cutting its credit grade. Bloomberg reported Fitch Ratings lowered the bank’s long-term issuer default rating from BBB-to BB+, which is one level below...
Fed Holds Rates at 3.75%–4.00% as Two Officials Call for Another Hike
