New York Community Bancorp In Bankruptcy Talks To Close Down

Bad commercial real estate loans. Hey, who recalls Signature Bank & Silicon Valley Bank.

NY Community Bank (Hicksville, LI, NY) is the 34th largest bank in the USA with $118 billion in assets. $2 trillion in commercial real estate (CRE) loans will go bad by December 2025, so many more Signature, Silicon Valley & NY Community Bank events are expected in the coming weeks & months.

American Banker reported in Oct 2023 that bad CRE loans are "the snag" for NY Community Bank ..... https://www.americanbanker.com/news/office-loans-are-the-snag-in-a-strong-quarter-for-new-york-community