Andrew Sherman

Partner--M+A and Corporate

TRENDING

Politics and policy

What will it actually take to let big banks fail?

Federal Deposit Insurance Corp. chair Martin Gruenberg said last week that regulators have the tools they need to allow big banks to fail in an orderly fashion. But resetting public and market expectations is not so easy.

By John Heltman

Just now
Earnings

Unrelenting interest income pressure weighs down PNC's earnings

The Pittsburgh-based regional bank also emphasized expense control for the first quarter and throughout 2024 as it manages credit quality vulnerabilities and higher charge-offs, particularly among office loans.

By Jim Dobbs

30m ago
Strategic planning

NYCB's new CEO fills out his team amid strategy revamp

New York Community Bancorp CEO Joseph Otting has added three former colleagues to the embattled company's leadership team. The hires come six weeks after the Long Island bank got a $1 billion capital infusion, which led to Otting's appointment as CEO.

By Allissa Kline

1h ago