Nearly a year ago, New York Community Bank waded into the regional bank crisis, buying up assets in failed Signature Bank, helping secure a spot in the list of banks with over $100 billion in assets. The surprise loss drove down other regional bank shares, dragging the KBW regional index down 6%, as it reignited concerns over the health of smaller lenders some of which are still recovering from bank failures in the U.S. last year. Here are key facts about NYCB.
Nearly a year ago, New York
Community Bank waded into the regional bank crisis,
buying up assets in failed Signature Bank, helping secure a spot
in the list of banks with over $100 billion in assets.
.
New York Community Bancorp stocks slides further after two analyst downgrades (NYSE:NYCB) seekingalpha.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from seekingalpha.com Daily Mail and Mail on Sunday newspapers.