Why These Bank Stocks Are Moving in Opposite Directions

01:18pm, Monday, 20'th Mar 2023 The Motley Fool
Investors came into the new week with continuing anxiety.
Wedbush upgraded NY Community Bankcorp stock to outperform, citing expected earnings boost from the "sweetheart" deal.
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One of the crypto sector's favorite banks, Signature, has a new home.  As of Monday (March 20), the former crypto-friendly lender's doors are open again across its 40 branches.
Flagstar Bank, a subsidiary of New York Community Bancorp, has signed a takeover agreement with U.S. regulators for some of Signature Bank's assets and loans. Earlier this month, after Silicon Valley
New York Community Bancorp, Inc. (NYSE: NYCB) announced that its bank subsidiary, Flagstar Bank, N.A. has acquired certain assets and assumed certain liabilities of Signature Bridge Bank.
New York Community Bancorp's shares soared after the company agreed to buy deposits and loans from the failed Signature Bank of New York.
The acquisition does not include Signature's crypto business or venture capital and private equity businesses. The deal will cost the FDIC's insurance fund $2.5 billion.

Very Good News For REIT Investors

08:05am, Monday, 20'th Mar 2023
We just had two major bank failures, but deposits should be safe. Future interest rate expectations are now lower and this is very good news for REITs.
Wedbush on Monday upgraded New York Community Bancorp Inc. NYCB, -4.66% to outperform from neutral based on its expected earnings boost from its acquisition of Signature Bank's loan and deposit portfo
The fallout from the Silicon Valley Bank implosion and the subsequent contagion fears spread throughout the banking sector. Nearly all bank stocks were affected, with regional banks taking the worst o
New York Community Bank will purchase a large chunk of the failed Signature Bank's assets in a $2.7 billion deal, the Federal Deposit Insurance Corp (FDIC) announced Sunday. The FDIC said that the dea
A week after Signature Bank failed, the Federal Deposit Insurance Corporation said it has sold most of its deposits to Flagstar Bank, a subsidiary of New York Community Bank.
One week after being taken over by regulators, Signature Bank has a new owner. The Federal Deposit Insurance Corp. (FDIC), which assumed control of the failed bank on March 12, announced Sunday (March
The crypto-friendly bank failed last week, amplifying fears of a banking crisis.
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