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New York Community Bank Reports $2.4 Billion More in Losses as C.E.O. Resigns

The lender said its earnings were far weaker than it had earlier stated, and it disclosed the discovery of “material…

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World

Eurozone Inflation, at 2.6%, Continues to Ease

The News Inflation rates across most economies in Europe continued their descent last month. Consumer prices in the 20 countries…

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Business

Big Dreams Come Back to Bite New York Community Bank

Acquiring billions of dollars in assets from Signature Bank when it went under last year contributed to the Long Island…

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Business

The Real Estate Crisis Looming Over Banks

A year after the collapse of Silicon Valley Bank, investors are fearing for regional lenders saddled with a mountain of…

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Business

Why One Shaky Bank Is Stirring Fears of a Wider Financial Mess

The recent troubles at New York Community Bancorp highlight risks that loom over lenders large and small.

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World

Eurozone Price Pressures Edged Higher to End the Year

Inflation in the countries that use the euro rose to 2.9 percent in December, but the underlying rate continued a…

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World

A Hapless Robber, Exposed by a Cloud of Dye, Gets His Day in Court

Nobody disputed that the defendant had handed over a note demanding money — please — from a Newark bank. The…

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Business

11 Charts That Explain the Year in Business, Technology and the Economy

It has been a confusing year for the economy and markets. At the start of 2023, economists largely predicted a…

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Business

The Way Big Banks Shut Down Customer Accounts Is Callous. Let’s Fix It.

When banks close checking and credit-card accounts because of “suspicious activity,” chaos and anxiety ensue. It doesn’t have to be…

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Business

A Look Back at the Top Business Stories of 2023

Regional bank failures and the conviction of Sam Bankman-Fried were among the big news events this year.

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