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20 hours ago · New York Community Bancorp (NYCB) reported a worse-than-expected second-quarter loss, leading to a 16% drop in shares. The bank's issues with multi-family loans and a volatile interest rate environment have worried investors. A mortgage servicing unit sale and a vote of confidence from Steven Mnuchin bring some optimism, but a full turnaround may take longer than anticipated.
1 day ago · There is a notorious film producer who was working during this time, a Steven Mnuchin, I’m sure some of you need no introduction. Mnuchin was someone I thought would be a producer on this – he wasn’t, though his name was on “ Batman V. Superman: Dawn Of Justice ”.
1 day ago · Former Treasury Secretary Steven Mnuchin recently told Bloomberg that a strong dollar is helping in that ongoing debt fight. Specifically, it finances the growing deficit. But he also noted that November’s presidential election must see the beginning of a change.
1 day ago · The rationale behind Mnuchin’s 2020 Treasury Directive for increased audits was clear: high-net-worth individuals were believed to contribute disproportionately to the tax gap—the difference between taxes owed and taxes paid. By focusing on this demographic, the IRS aimed to recover substantial unpaid taxes and deter aggressive tax avoidance.
18 hours ago · Its shares fell 11% as the downbeat results upset the poise that the lender had regained over the last few months after an investment from former Treasury Secretary Steven Mnuchin and a promise to ...
2 days ago · Donald Trump’s former Treasury Secretary was hedge funder Steven Mnuchin, who earned the former president’s trust by helping him raise of $100 million.
1 day ago · By Steve Gelsi . Bank sells unit for $1.4 billion as its provision for credit losses grows . New York Community Bancorp's stock fell 10% on Thursday after the lender reported a second-quarter loss ...
