US bank holding company acquires bankrupt bank, results in 3-month final loss. Main factor is that companies are spending more money to prepare for bad debts, and stock prices have plummeted.
New York Community Bancorp took over some of the deposits of an American bank that went bankrupt due to financial instability last March. The company announced its financial results for the three months from October to December last year, and the final loss was a deficit of 252 million dollars, or approximately 37 billion yen.