Reply To: UBS to Buy Credit Suisse in $2B All-Stock Deal, Includes SNB $US100 Billion Liquidity Line

20 Mar '23 at 8:54 am #55271

Participant

New York Community (NYCB 9.03, +2.49, +38.0%) a winning standout from the bank industry after news that it will acquire certain assets and assumes certain liabilities of Signature Bridge Bank From the FDIC.

The SPDR S&P Bank ETF (KBE) is up 4.6% and the SPDR S&P Regional Bank ETF (KRE) is up 5.3%.

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