Another regional U.S. bank in trouble. NYCB sinks 38% and penalizes the sector

Jornal de Negócios

Media Conglomerate: Cofina

Another regional U.S. bank in trouble. NYCB sinks 38% and penalizes the sector

NYCB, which bought a large part of the bankrupt Signature Bank last year, announced a cut in its dividend this Wednesday to have more capital, and reported unexpected losses, creating a wave of uncertainty in the sector and leading to it being punished on the stock exchange.