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Blackstone is the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit Insurance Corp's sale of Signature Bank debt, Bloomberg News reported on Sunday.
It's crazy to think what was going on in 2004. The Boston Red Sox won their first World Series in 80 years.
Bids are coming due on the biggest commercial-real estate transaction of its kind, at a crucial moment for property markets.
The Federal Deposit Insurance Corp. Inspector General's review of the FDIC's actions around the collapse of Signature Bank concluded in a report on Tuesday that the FDIC missed opportunities to downgr
Corporate bonds issued by PNC Financial Services Group Inc. drew in fresh capital in a bullish reaction by Wall Street to the bank's purchase of a portfolio from the former Signature Bank, according t
PNC Financial Services Group Inc. PNC, -2.24% said Tuesday it's purchasing a $16.6 billion portfolio of Signature Bridge Bank NA commitment facilities from the Federal Insurance Deposit Corp. for an u
The Federal Deposit Insurance Corp. on Tuesday announced details of a planned sale of seized assets from New York's collapsed Signature Bank.
The U.S. Federal Deposit Insurance Corporation (FDIC) set in motion the sale of an $18.5 billion loan portfolio from Signature Bank this week, a set of loans linked to major private equity and investi
New York Community Bancorp Inc. NYCB, +2.31% stock was up 5.9% in premarket trades on Thursday after the lender's profit rose by 150% and beat analyst estimates with the addition of its acquisition of

A Tale of 2 Banking Crises

02:45pm, Tuesday, 18'th Jul 2023
In this analysis, I explore the key differences between the 2008 and the 2023 banking crisis, examining their causes, impacts and responses. While the 2008 crisis was a global meltdown that required m

This Bank Stock Is Just Too Cheap

08:59am, Friday, 23'rd Jun 2023
Live Oak Bancshares serves small businesses and is the top lender through the Small Business Administration's lending program. The bank was a big winner during the pandemic, as it helped facilitate bi
There could be further progress Wednesday in the bipartisan push to take back pay from executives at failed banks, as the Senate Banking Committee is slated to consider a bill that would permit regula
Customers Bancorp CUBI, +6.36% stock is up 0.5% in premarket trades Friday after the firm said it acquired a $631 million venture banking loan portfolio from the FDIC at approximately 85% of book valu
In recent months, banks have pulled back on funding as they shore up balance sheets amid the collapse of several regional banks. Commercial real estate companies will face pressures over the next year
Yahoo Finance's Jennifer Schonberger breaks down Senator Elizabeth Warren's (D-MA) sentiments regarding the testimonies of Silicon Valley Bank and Signature Bank executives and her calls for further i
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