BY BRIAN GRAHAM The recent rescue of NYCB through the infusion of private capital comes almost exactly a year after the collapse of Silicon Valley Bank. In the intervening 12 months, sentiment has seemingly gyrated between “the sky is falling” (i.e. a lot of banks will fail) and “nothing to see here” (i.e. banks are fine). As is usually the case, the truth lies in the middle: the banking industry faces severe stress but, at least so far, it looks like few banks are insolvent
