troubled Archives - Citizen Watch Report

1st Bank Failure of 2024 imminent. NY Community Bancorp (100 billion) drops 40% to $1.86, halted as troubled bank seeking cash infusion

March 7, 2024 6:52 amMarch 6, 2024 10:15 pm

🚨JUST IN: NEW YORK COMMUNITY BANCORP HALTED FOR PENDING NEWS. STOCK DOWN -41% TODAY. PROBABLY NOTHING. pic.twitter.com/LYMrLJ6vKv — Genevieve Roch-Decter, CFA (@GRDecter) March 6, 2024 This bank is on end of life support in the Bank ICU. This will be …

3 Things That Troubled U.S. Banks Are Doing As They Scramble To Survive

March 5, 2024 10:20 pm

by Michael The balance sheets of America’s banks are packed with bad loans and bad investments, and that is really bad news for all of us because the banks are the beating heart of our economic system. Without the loans that …

The troubled real estate giant is battling a liquidity crisis which some fear could spread to China’s wider economy and even spill over abroad.

August 30, 2023 9:10 pm

via CNN: Hong Kong/London CNN — Country Garden warned Wednesday that it could default on its vast debts as it reported a loss of 51.5 billion yuan ($7 billion) for the first six months of the year. The company, which …