The Problem Isn’t Big Banks—It’s Banks Getting Bigger

The Problem Isn’t Big Banks—It’s Banks Getting Bigger·The Wall Street Journal
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NYCB doesn’t share key characteristics of banks that were at the heart of last year’s crisis sparked by Silicon Valley Bank’s collapse, such as huge potential losses on bonds and reliance on uninsured, and thus more skittish, deposits. NYCB went from $90 billion in assets at the end of 2022 to over $110 billion as of its latest report. Last year it took on some of the assets and liabilities of seized Signature Bank from the Federal Deposit Insurance Corp.

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