New York Community Bancorp looks to sell rent-regulated commercial real estate after surprise quarterly loss

The loan sale relates to three rent-regulated properties in New York City, a pain point for lenders. 


 
Carlyle Revamps Pay Structure While Setting New Financial Targets

The private-equity firm swung to quarterly loss but saw its stock-price rise after it unveiled a pay overhaul that will give investors a bigger piece of management fees. 


 
Fed's Barkin says recent progress on inflation might be a 'head fake'

It is prudent for the Federal Reserve to take its time with interest-rate cuts, Richmond Fed President Tom Barkin tells MarketWatch. 


 
Kugler wants to see further slowdown in inflation before Fed cuts interest rates

Federal Reserve Gov. Adriana Kugler said it would be "appropriate" to lower U.S. interest rates if inflation continues to slow, but she stressed "it is critical" that inflation returns to the central bank's target of 2%. 


 
Credit Cards Could Swipe Department Stores' Profits

A crackdown on late fees and more delinquent accounts poses a threat to Macy's, Kohl's, Nordstrom and others. 


 
Pro Take: Venture Capital Returns Could Continue Slide

Venture capital returns declined in the first three quarters of last year, as the venture market continued to digest all it overbought at the market peak a couple of years ago. 


 
Meketa Sets Up an Infrastructure Fund Targeting Ordinary Investors

The Boston consulting firm joins the push to market private-investment funds to wealthy individuals. 


 
Handelsbanken Lifts Dividend After Profit Beat

Handelsbanken increased its dividend payout after posting a forecast-beating fourth-quarter profit, although net interest income fell slightly short of expectations. 


 
Financial Services Roundup: Market Talk

Read about Brookfield Asset Management, New York Community Bancorp, Societe Generale and more in the latest Market Talks covering Financial Services. 


 
Moody's Cuts NYCB to Junk, Extending Sharp Decline in Shares

The downgrade is the latest blow to the besieged bank seeking to shore itself up after acquisitions and property losses.


(END) Dow Jones Newswires

02-07-24 1615ET