Reported 3 days ago
As 2024 ends, banks like Flushing Financial face challenges from stock market drops and rising inflation, while gearing up for potential changes under President-elect Donald Trump's administration. Trump's plans for cryptocurrency involve creating a reserve of digital assets, igniting discussions on collaboration between traditional banking and the crypto space. Meanwhile, Dime Community Bancshares and others are restructuring their portfolios to improve long-term earnings despite short-term losses.
Source: YAHOO