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Search resuls for: "Marc Rubinstein"


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NEW LOOK Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. ESPN, Warner Bros., and Fox announced plans this week for a new sports streaming service set to launch this fall . That could put an end to cable TV as we know it , Nathan McAlone, Business Insider's deputy media editor, writes. Ashley Rodriguez, BI's media editor, has a breakdown of the six biggest questions about this new sports streamer . Games on YouTubeTV, for example, are noticeably delayed compared to cable TV broadcasts .
Persons: , Katie Notopoulos, David Jensen, Nathan McAlone, it's, Ashley Rodriguez, Peter Kafka, BI's, Peter, Nathan, Ashley —, We've, Ashley, Fox, Rick Wilking, Reuters Leon Cooperman, Marc Rubinstein, Yi Huiman, Xi Jinping, Jordan Hart, It's, Justin Metz, Blackstone, Bob Iger, Donald Trump, Dan DeFrancesco, Hallam Bullock, Jordan Parker Erb, George Glover Organizations: Business, Service, ESPN, Warner Bros, Fox, ESPN2, ABC, FOX, Peter : Media, Nathan, Warner Bros ., NFL, Cable, Comcast, Paramount, Reuters, Signature Bank, New York Community Bancorp, Securities, Commission, that's, Apple Vision, Microsoft, BI, of Foreign Labor, Apollo, KKR, Bain Capital, Disney, Epic Games, ConocoPhillips, US Locations: New, China, Beijing, New York, London
The implosion of New York Community Bancorp highlights an unusual risk for banks: growing too fast. New York Community Bancorp's 64% stock crash was in part caused by the increased regulatory scrutiny it received after crossing $100 billion in assets. But it can be a completely different story in the banking sector, and New York Community Bancorp is the latest example. Since then, New York Community Bancorp stock has crashed 64% and reignited fears of another regional banking crisis. "The case underpins a core principle of banking that may seem counterintuitive beyond: In banking, growth is … not good," Rubinstein said.
Persons: Marc Rubinstein, SVBFG, Thomas Cangemi, Rubinstein Organizations: York Community Bancorp, New, New York Community, New York Community Bancorp, Signature Bank, Valley Bank, Foreign Banking Organization, Bank, York Community, Bloomberg, Wall Locations: New York, New, America
Why Silicon Valley Bank failed
  + stars: | 2023-03-12 | by ( Matt Turner | ) www.businessinsider.com   time to read: +6 min
Silicon Valley Bank made a bold call on where to invest cash. SVB deposits soarSVB's position as the go-to bank in tech made it a huge beneficiary of the Silicon Valley boom through the last few years. Rubinstein notes:"Driven by the boom in venture capital funding, many of Silicon Valley Bank's customers became flush with cash over 2020 and 2021. Here's Rubinstein again:"The problem at Silicon Valley Bank is compounded by its relatively concentrated customer base. And Silicon Valley Bank doesn't have that many of them.
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