📰 Stuart Plesser News
Stuart Plesser News Today
Fast, Ad-Free News Updates
Stay updated with breaking news from Stuart Plesser. Real-time updates on events, politics, business and more.
February 14, 2024
On Feb. 1 as New York Community Bancorp stock fell amid worries about its real estate exposure, a regional bank hundreds of miles away got a call from Moody's. The ratings agency wanted to know if the bank was seeing any fallout. Moody's asked the bank, based in the U.S. south, a series of questions, ranging from whether its clients were worried and had withdrawn any deposits to what kind of funding facilities it had in place for contingencies, the bank's CEO said. The southern ...
July 12, 2023
The upcoming deluge of US bank earnings is expected to show more pressure on deposits, an uptick in reserves for bad loans and much talk about potential new regulations. "You're going to see some challenges on the earnings picture," said Chris Wolfe, a managing director at Fitch Ratings, who expects banks to set aside greater reserves as households savings erode.
April 13, 2023
Roughly a month after Silicon Valley Bank's collapse sparked fears of contagion, quarterly earnings reported this week are expected to focus on bank liquidity and the industry's preparation in case of recession.
April 13, 2023
Roughly a month after Silicon Valley Bank's collapse sparked fears of contagion, quarterly earnings reported this week are expected to focus on bank liquidity
April 13, 2023
US banks face increased scrutiny of Q1 results after SVB collapse
July 19, 2022
Despite mounting worries over inflation, just-released bank earnings painted a resilient picture of the US economy and consumer, generating talk that any recession might be milder than earlier downturns.
July 19, 2022
Bringing Taiwan to the World and the World to Taiwan
July 18, 2022
Despite mounting inflation concerns, just-released bank earnings painted a resilient picture for the US economy and US consumers, prompting talk that a