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The credit rating agency S&P put the bank on "CreditWatch negative."
(Kitco News) - The FDIC announced that Flagstar Bank has purchased the deposits and loans of Signature Bank, minus the digital-asset-related deposits.
New York Community Bancorp will acquire certain deposits and loans of Signature, as well as all of the bank's branches.
A New York Community Bancorp subsidiary has reached a deal with regulators to buy deposits and loans from Signature Bank, sending the company's shares soaring.  The deal would see the subsidiary, Fla
New York Community Bancorp Inc (NYSE: NYCB) shares are trading higher Monday after the Federal Deposit Insurance Corporation (FDIC) announced NYCB subsidiary Flagstar Bank entered into a purchase a

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
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