Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds

Banks with commercial real estate exposure have struggled after the Federal Reserve hiked interest rates through 2023, leaving them with unrealized losses.

Dec 13, 2024 - 06:30
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Flushing Financial seeks to raise $70 million to shore up capital as it unloads underwater bonds
Banks with commercial real estate exposure have struggled after the Federal Reserve hiked interest rates through 2023, leaving them with unrealized losses.

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Subhashree Hi, This is Subhi. Welcome to my blog! I love to keep up with the latest news in healthcare, technology and media. Here you will find insightful articles that inform and interest you about the world around you. Join me as I drift between health and technology, and stay up-to-date!