The regional bank is struggling with the fallout from risky acquisitions and a challenging commercial real estate market. Shares of New York Community Bank (NYCB 7.40%) dropped 68.6% in the first six months of the year, according to data provided by S&P Read More
Home News Real Estate Market Struggles Impacting Bond Market New York, NY, July 17, 2024-“The commercial real-estate meltdown is spilling over into the bond market,” reports the Wall Street Journal. “Defaults are mounting in a favorite Wall Street mortgage-bond investment, setting off Read More