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Boeing Suspends 2024 Forecast, NY Community Shares Plunge, Fed Meeting

Bloomberg Intelligence

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New York Community slashes dividend

They discuss New York Community's decision to cut their dividend to build capital ahead of regulations and increase their CT1 ratio. They also talk about the performance of the S&P regional bank ETF and investors' optimism about rate cuts. The chapter covers the management teams' expectations for credit quality and their focus on building reserves.

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