NEW: πΊπΈUS regional bank NYCB cuts dividend by 70% after stock is down 60% in 2 weeks on fears of commercial real estate meltdown.
NYCB took over Signature Bank last March during the banking crisis. π 
NEW: πΊπΈUS regional bank NYCB cuts dividend by 70% after stock is down 60% in 2 weeks on fears of commercial real estate meltdown.
NYCB took over Signature Bank last March during the banking crisis. π 
That's one toxic balance sheet! Now imagine what is happening inside UBS after they assumed the balance sheet of Credit Suisse...