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M&T Bank reported Q1 FY24 results with revenue of $2.26B, net interest income down 8%, net income below last year, and EPS in line with consensus.
04-15 20:35
Commercial real estate industry is experiencing bad loans exceeding reserve losses for banks like JPM, BAC, WFC, C, GS, and MS, raising regulatory concerns.
02-21 00:53
16% of top investors see a credit event as a possible risk for 2024, according to BofA survey.
02-14 01:51
Janet Yellen says the U.S. financial system is overall sound and well-capitalized.
02-09 03:52
New York Community Bancorp shares are falling Wednesday after the company reported worse-than-expected financial results and reduced its quarterly dividend.
02-01 02:52
Losses from unprofitable asset sales can be offset against capital gains tax on winning trades.
2023-12-25 20:22
Economists predict a marginal decrease in the annual CPI inflation rate from October's 3.2% to 3.1%. Core CPI rate is expected to hold steady at 4%. Sector-specific ETFs experienced notable changes with TAN, KRE, XLRE, ARKK and GDX leading the pack.
2023-12-12 02:48