JPMorgan Chase & Co
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Financials : Banks | Large Cap Value
Company profile

JPMorgan Chase & Co. is a financial holding company engaged in investment banking, financial services and asset management. It operates in four segments, as well as a Corporate segment. The Company's segments are Consumer & Community Banking, Corporate & Investment Bank, Commercial Banking and Asset Management. The Consumer & Community Banking segment offers services to consumers and businesses through bank branches, automatic teller machines, online, mobile and telephone banking. The Corporate & Investment Bank segment, comprising Banking and Markets and Investor Services, offers investment banking, market-making, prime brokerage, and treasury and securities products and services to corporations, investors, financial institutions, and government and municipal entities. The Commercial Banking segment provides financial solutions, including lending, treasury services, investment banking and asset management. The Asset Management segment comprises investment and wealth management.

This security is an American depositary receipt
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9:15 am ET November 1, 2022 (PR Newswire) Print

New York Community Bancorp, Inc. (NYSE: NYCB) (the "Company" or "NYCB") announced it has released its inaugural Task Force on Climate-Related Financial Disclosures (TCFD) Report.

In its TCFD Report, NYCB seeks to raise awareness of how it considers climate-related risks and opportunities across its operations. The report summarizes the progress we have made, and future enhancements, towards our goal of appropriately incorporating climate risk identification and management into our overall business strategy.

Key highlights discussed in NYCB's 2022 TCFD report include:

-- the governance structure for oversight over environmental and climate risk at NYCB;

-- the enhancement of our risk management approach by building capabilities to identify, assess, and manage climate-related risks and opportunities;

-- the engagement of a third-party vendor to calculate Scope 1 and Scope 2 greenhouse gas (GHG) emissions; and

-- discussion on the evaluation of the potential impact of New York City's Local Law 97 on our loan portfolio and borrowers.

As the sustainability landscape evolves with new information and greater standardization, NYCB will continue to refine and expand its disclosures to provide relevant information to all stakeholders.

For a full copy of the TCFD report, please visit

About New York Community Bancorp, Inc. Based in Hicksville, N.Y., New York Community Bancorp, Inc. is a leading producer of multi-family loans on non-luxury, rent-regulated apartment buildings in New York City, and the parent of New York Community Bank. At September 30, 2022, the Company reported assets of $63.0 billion, loans of $49.0 billion, deposits of $41.7 billion, and stockholders' equity of $6.7 billion.

Reflecting our growth through a series of acquisitions, the Company operates 237 branches through eight local divisions, each with a history of service and strength: Queens County Savings Bank, Roslyn Savings Bank, Richmond County Savings Bank, Roosevelt Savings Bank, and Atlantic Bank in New York; Garden State Community Bank in New Jersey; Ohio Savings Bank in Ohio; and AmTrust Bank in Florida and Arizona.

Investor/Media Contact: Salvatore J. DiMartino
                        (516) 683-4286

View original content to download multimedia:

SOURCE New York Community Bancorp, Inc.

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