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NEW YORK/WASHINGTON (Reuters) -New York Community Bancorp's exposure to commercial real estate has intensified investor scrutiny around regional banks, with some expecting more pain for those with ...
Despite overcoming a crisis in 2023, the pain isn’t over for regional banks. Higher-for-longer interest rates are hurting. US regional banks are still under pressure.
More US regional banks are taking a step that was unthinkable more than a year ago in the aftermath of the Silicon Valley Bank failure: selling underwater bonds at a loss.
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First State Bank Cranford New Jersey October 14, 2011: Northfield Bank (Staten Island, NY) 204.4 80 Country Bank Aledo Illinois October 14, 2011: Blackhawk Bank & Trust 190.6 81 Old Harbor Bank Clearwater Florida October 21, 2011: 1st United Bank 215.9 82 Decatur First Bank Decatur Georgia October 21, 2011: Fidelity Bank 191.5 83 Community ...
Cross River is an American financial services organization [8] that provides technology infrastructure to fintech [9] and technology companies. [10] Based in Fort Lee, New Jersey, Cross River services its clients with embedded payments, [9] cards, lending, [11] [12] and cryptocurrency, [13] and is an FDIC member. [14]
The definition of what constitutes a regional bank is not precise, although the Federal Reserve describes it as an organization "with total assets between $10 billion and $100 billion". [ 5 ] The term is often used in the United States where regional banks are more common and within stock trading, when referring to investing in different bank ...