Not just NYCB: Japanese bank issues warning on U.S. offices, cutting some Chicago loans by 63%.
On the heels of a profit warning from New York Community Bancorp that was at least partly due to the deteriorating office loan market, a Japanese bank made of its own as it cut the value of some of its own U.S. office loans by more than 50%.
On the heels of a profit warning from New York Community Bancorp that was at least partly due to the deteriorating office loan market, a Japanese bank made of its own as it cut the value of some of its own U.S. office loans by more than 50%.
