Commercial Property Losses Hit Banks on Three Continents
WSJ What’s News
The Wall Street Journal
4.1 • 4.2K Ratings
🗓️ 1 February 2024
⏱️ 15 minutes
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| 0:00.0 | Like some kind of Pizza Ninja, Domino's are slicing their prices. |
| 0:05.0 | Domino's price slice. |
| 0:07.0 | Small pizzas now 8 quid, medium now 10 quid, |
| 0:10.0 | and large now 12 quid. |
| 0:12.0 | Yet we're making cuts too. |
| 0:14.0 | In 11th of February 24, minimum delivery spend, charges and areas may apply. |
| 0:18.0 | T.C.C. Domino's dot-co. UK. |
| 0:20.0 | The commercial real estate crisis is spilling over to banks on three continents |
| 0:27.0 | and security crises on the high seas threaten global trade. |
| 0:31.0 | All over the map you are seeing these places where sea lanes that we took for granted |
| 0:35.2 | are suddenly not necessarily open and not necessarily open to everybody. |
| 0:39.0 | Plus price negotiations between the U.S. and drug makers finally begin. |
| 0:43.0 | It's Thursday February 1st. |
| 0:45.0 | I'm Anne Marie Fertoli for the Wall Street Journal. |
| 0:47.0 | This is the PM edition of What's News, |
| 0:50.0 | the top headlines and business stories that moved the world today. |
| 0:53.0 | The commercial real estate crisis has hit banks on three continents. |
| 1:05.0 | Lenders in the US, Switzerland, and Japan have announced losses tied to troubled real estate lending. |
| 1:10.0 | Setbacks overseas came after New York Community Bank Corp, which took over the assets of |
| 1:14.6 | failed signature bank last year, reported surging loan losses, as we told you on this morning |
| 1:19.4 | show. |
| 1:20.4 | That's reignited fears about the health of regional lenders. |
... |
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