| Previous close | 0.1500 |
| Open | 0.2600 |
| Bid | 0.0000 |
| Ask | 0.0000 |
| Strike | 70.00 |
| Expiry date | 2025-06-20 |
| Day's range | 0.1500 - 0.2700 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
NYCB to sell $5B worth of loans to JPMorgan
Shares of New York Community Bancorp (NYCB) are trading higher during Wednesday's morning trading session, boosted by the bank's announcement of a loan sale. The regional lender has reached an agreement to sell approximately $5 billion worth of loans to JPMorgan Chase (JPM). This strategic move, as stated by the bank's CEO, is directly linked to efforts aimed at "improving our capital liquidity and loan-to-deposit metrics." For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Yahoo FinanceJPMorgan gives a lift to another troubled regional bank
JPMorgan Chase is once again providing a lift to another troubled regional lender a year after it helped calm a banking crisis. This time, it's NYCB.
- Reuters
UPDATE 2-Soros Fund Management dissolves NYCB stake, adds Goldman Sachs, JPMorgan in first quarter
Soros Fund Management, the family office of billionaire George Soros, dissolved its share stake in embattled lender New York Community Bancorp and added positions in Goldman Sachs and JPMorgan Chase in the first quarter, a regulatory filing showed on Wednesday. The fund had increased its position in NYCB in the fourth quarter of 2023 before the troubled lender's stock rout. NYCB shares have plummeted 64% so far this year after it posted a surprise fourth-quarter loss and slashed its dividend in January wiping billions of its market value.
