
Boeing Suspends 2024 Forecast, NY Community Shares Plunge, Fed Meeting
Bloomberg Intelligence
00:00
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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