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A community for the latest discussions about the cutting edge of crypto design, it's culture and significant crypto news. Decentralize everything. Check out our [Community Guidelines](https://relevant.community/crypto/post/6122269e61d1cd005a877277/62427d3ed587ad005b647828)
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© 2020 Relevant Protocols Inc.
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>"A subsidiary of New York Community Bancorp is set to acquire $38.4 billion in customer deposits previously owned by Signature Bank. It will however not include the $4 billion associated with Signature’s digital banking business."
>"A subsidiary of New York Community Bancorp is set to acquire $38.4 billion in customer deposits previously owned by Signature Bank. It will however not include the $4 billion associated with Signature’s digital banking business."
Okay so what happens to your shares if you owned SBNY stock? Asking for a friend…
Okay so what happens to your shares if you owned SBNY stock? Asking for a friend…
Shareholders of $SBNY who did not sell just took 100% losses. [https://twitter.com/NickTimiraos/status/1635044036041121792?t=u9h_K5wJW7LS7hAieZc71w&s=19](https://twitter.com/NickTimiraos/status/1635044036041121792?t=u9h_K5wJW7LS7hAieZc71w&s=19)
Shareholders of $SBNY who did not sell just took 100% losses. [https://twitter.com/NickTimiraos/status/1635044036041121792?t=u9h_K5wJW7LS7hAieZc71w&s=19](https://twitter.com/NickTimiraos/status/1635044036041121792?t=u9h_K5wJW7LS7hAieZc71w&s=19)
Shooooooot. Not good for me…I mean, my friend 😩
Shooooooot. Not good for me…I mean, my friend 😩
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