Valley Bank
| Use attributes for filter ! | |
| Stock price | VLY |
|---|---|
| Disclaimer | |
| Headquarters | Wayne |
| New Jersey | |
| United States | |
| CFO | Michael D. Hagedorn |
| Total assets | 30. 88 billion USD (September 30, 2018) |
| Number of employees | 2,842 (2017) |
| Subsidiaries | New Century Asset Management Limited |
| Senior executive vice president | Robert J. Bardusch |
| Michael D. Hagedorn | |
| Date of Reg. | |
| Date of Upd. | |
| ID | 2337712 |
About Valley Bank
Valley National Bancorp, doing business as Valley Bank, is a regional bank holding company headquartered in Wayne, New Jersey with approximately $30 billion in assets.
What's going on at Metro Bank?
... Analysts are also on high alert for any problems in the banking sector following the collapse of US banks Silicon Valley Bank and Signature Bank in March this year...
HSBC profit more than doubles as interest rates rise
... 5bn provisional gain from its purchase of collapsed Silicon Valley Bank s British business (SVB UK)...
Silicon Valley Bank: 500 jobs cut by new owner First Citizens
...By Mariko OiBusiness reporterThe new owner of Silicon Valley Bank s (SVB) US operations, First Citizens, is cutting around 500 roles held by former SVB workers, the BBC understands...
US bank shares slide after First Republic rescue
... The fears intensified in March, when panic sparked by the sudden collapse of Silicon Valley Bank - then the US s 16th largest lender - prompted global sell-offs of bank shares and led many US bank customers to shift their money to firms seen as safer...
Silicon Valley Bank: HSBC says UK buyout boosted profit by $1. 5bn
... 2bn) boost from the purchase of collapsed Silicon Valley Bank s British business (SVB UK)...
First Republic: JP Morgan to take over major US bank
... Also in March, the collapse of Silicon Valley Bank prompted fears of a wider banking crisis...
First Republic: Future of US bank in doubt as investors flee
... " Problems in the banking sector surfaced in the US earlier last month when Silicon Valley Bank, which was the country s 16th-largest lender, collapsed in the biggest failure of a US bank since 2008...
£55bn withdrawn from Credit Suisse before collapse
... Credit Suisse clients started pulling money out of the bank after it was caught up in the market turmoil that followed the collapses of Silicon Valley Bank and Signature Bank in the US in March...
£55bn withdrawn from Credit Suisse before collapse
Collapsed banking giant Credit Suisse says 61. 2 billion Swiss francs (£55. 2bn; $68. 6bn) left The Bank in The First three months of the year.
The Announcement gives an insight into the scale of The Bank run that caused the 167-year-old lender to fail and triggered its state-backed rescue.
It came as The Bank reported what are expected to be its last ever financial results.
Its forced sale to rival Swiss bank UBS is expected to be completed soon.
Credit Suisse 's flagship wealth management division saw assets it managed drop to 502. 5 billion francs at The End of March, almost 29% lower than the same period Last Year ,
" These outflows have moderated but have Not Yet reversed as of April 24, 2023, " it added.
Credit Suisse clients started pulling money out of The Bank after it was Caught Up in The Market turmoil that followed the collapses of Silicon Valley Bank and Signature Bank in the US in March.
In Switzerland, authorities put together a rescue package for Credit Suisse . It included More Than 200 billion francs of financial guarantees and saw UBS agree to take over Credit Suisse .
Related TopicsSource of news: bbc.com
