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Topic - New York Community Bank

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Bank failures illustration by Greg Groesch / The Washington Times

Trouble at New York Community Bank spells more bank failures, bailouts

By Peter Morici

First Citizens to acquire troubled Silicon Valley Bank

Associated Press

Credit Suisse Chairman Axel Lehmann speaks during a press conference in Bern, Switzerland, Sunday, March 19, 2023. Banking giant UBS is acquiring its smaller rival Credit Suisse in an effort to avoid further market-shaking turmoil in global banking, Swiss President Alain Berset announced on Sunday. Sunday’s news conference by the Federal Council, the seven-member governing body that includes Berset, follows the collapse of two large U.S. banks last week that spurred a frantic, broad response from the U.S. government to prevent any further bank panics. (Peter Klaunzer/Keystone via AP)

Credit Suisse, UBS shares plunge after takeover announcement

By Jamey Keaten and Ken Sweet - Associated Press

A person enters the Signature Bank headquarters in New York, Monday, March 13, 2023. President Joe Biden is telling Americans that the nation’s financial systems are sound. This comes after the swift and stunning collapse of two banks that prompted fears of a broader upheaval. (AP Photo/Yuki Iwamura)

New York Community Bank to buy failed Signature Bank

By Ken Sweet - Associated Press