Top related persons:
Top related locs:
Top related orgs:

Search resuls for: "Ira Robbins"


9 mentions found


New York CNN —It’s no secret that commercial real estate (CRE) has become a source of stress for banks. Regional banks were on high alert recently after New York Community Bancorp (NYCB) reported steeper-than-expected future losses on commercial real estate loans. So why is it that the smaller, regional banks are so much more exposed to commercial real estate? Office real estate is among the bank’s smaller commercial real estate subcomponents. Robbins of Valley National Bank told CNN “we remain comfortable with our diverse and granular commercial real estate portfolio.”Office real estate is just one component of commercial real estate, albeit the most worrisome to banks and economists.
Persons: New York CNN —, Goldman Sachs, Fitch, Banks, BankRegData, Flagstar, , JPMorgan Chase, , Michael Brochstein, it’s, Ira Robbins, Robbins, CNN “, Carlos Barria, Organizations: New, New York CNN, New York Community Bancorp, Flagstar Bank, Federal Deposit Insurance Corporation, National Bank, JPMorgan, Getty, Valley National Bank, CNN, Fitch, FDIC, Reuters Locations: New York, Morristown , New Jersey
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValley National Bank CEO on NYCB closure and dealings with regulatorsIra Robbins, Valley National Bank chairman and CEO, joins 'Power Lunch' to discuss the chief executive's sentiment after hearing news about New York Community Bank, how Robbins would characterize their interactions with regulators, and more.
Persons: Ira Robbins, Robbins Organizations: Bank, National Bank, New York Community Bank
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValley Bank CEO on higher rates, the health of regional banks and commercial loansIra Robbins, Valley Bank CEO, joins 'Power Lunch' to discuss the company, commercial loans and the state of the consumer.
Persons: Ira Robbins Organizations: Bank, Valley Bank
Valley Bank CEO Ira Robbins on the health of regional banks
  + stars: | 2023-07-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValley Bank CEO Ira Robbins on the health of regional banksIra Robbins, Valley Bank CEO, joins 'Power Lunch' to discuss Valley Bank's exposure to commercial real estate, the Basel III proposal, and where Robbins has seen the biggest loan growth.
Persons: Ira Robbins, Robbins Organizations: Valley Bank, Basel III Locations: Basel
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailValley Bank CEO on SVB aftermath: The speed of money is something banks should watchIra Robbins, Valley Bank CEO, joins 'Power Lunch' to discuss regional banks and the fallout and aftermath of SVB.
Persons: Ira Robbins Organizations: Bank, Valley Bank
The banking crisis drove regional bank stocks sharply lower this week, but many insiders took advantage of the turmoil to scoop up shares of their own institutions in what may prove a vote of confidence. Shares of regional banks slumped as the collapse of Silicon Valley Bank left investors worried that other regional banks might face similar balance sheet issues, a possible mismatch between long-dated assets and short-dated liabilities. Regional banks had regained some ground Thursday in anticipation of a group of 11 banks stepping in to First Republic by depositing $30 billion for at least 120 days . Charles Schwab Notably, Charles Schwab CEO Walt Bettinger bought 50,000 shares Tuesday, worth nearly $3 million, for his personal account. Valley National Bancorp Ira Robbins (CEO) bought 5,000 shares Wednesday Jennifer Steans (Director) bought 150,000 shares Tuesday Eric Edelstein (Director) bought 20,000 shares Tuesday Melissa Schultz (Director) bought 15,000 shares Tuesday Jeffrey Wilks (Director) bought 8,000 shares Tuesday Marc Lenner (Director) bought 5,000 shares Tuesday Suresh Sani (Director) bought 5,000 shares Tuesday Valley National Bancorp saw a rush of insider buying this week, including purchases by its CEO and several directors.
In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCredit quality risk management is a focus of our portfolio, Ira Robbins, Valley Bank CEOIra Robbins, Valley Bank CEO, joins 'Power Lunch' to discuss changes to banking models, risk managing a portfolio and expanding the account base following regional bank failures.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHigher rates are not a great thing for general consumers, says Valley Bank CEO RobbinsIra Robbins, Valley Bank CEO, joins ‘Power Lunch’ to discuss the impact of rising rates on mortgage applications, auto loan demand and more.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're seeing a lot of uncertainty across the entire business space, says Valley Bank CEOIra Robbins, Valley Bank chairman and CEO, joins 'Power Lunch' to discuss whether Valley Bank has raised rates on deposits, what he's seen from business borrowers and if we'll reach a point where small businesses will be unable to cover costs to service their debt.
Total: 9