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 18, 2024 3

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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