Glonghui, May 15 | Community Bank of New York will sell about $5 billion in storage loans to J.P. Morgan. The move would increase the region's bank's Tier 1 capital ratio by 65 basis points. The bank said the company said the mortgage business is still important to it. After the news was announced, New York Community Bank's US stock rose 5% after the market.
纽约社区银行将出售大约50亿美元仓储贷款给摩根大通
New York Community Bank to sell approximately $5 billion in storage loans to J.P. Morgan
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