If anyone needed a reminder of the biggest challenges with US regional bank mergers, they got it on Wednesday. New York Community Bank, reporting its full-year earnings, faced the embarrassment of telling investors that the acquisition of parts of Signature Bank in March 2023 had pushed it to a $100 billion balance sheet more quickly that it had expected.
Jump to:
As a Category IV bank, NYCB now faces more stringent capital and liquidity requirements from regulators, as well as pressure to meet the provisioning expectations that investors have of its newish peer group.
Thanks for your interest in Euromoney!
To unlock this article:
