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New York Community Bank agrees to purchase failed Signature Bank

Por: Fox Business Business March 20, 2023

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RBC Capital Markets head of U.S. equity strategy Lori Calvasina discusses the state of the U.S. economy in the aftermath of the Silicon Valley Bank collapse and ahead of the Federal Reserve March meeting. New York Community Bank (NYCB) has agreed to purchase a significant portion of the failed in a $2.7 billion deal, the Federal Deposit Insurance Corporation (FDIC) announced late Sunday. The FDIC said the deal will include NYCB purchasing $38.4... + full article



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