New York Community Bank to buy failed Signature Bank

Summary by Washington Times

New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.

Published 2 months ago · New York, United States

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Times of India

New York Community Bank to buy failed Signature Bank

Signature Bank was the second bank to fail in this banking crisis, roughly 48 hours after the collapse of Silicon Valley Bank. Signature, based in New York, was a large commercial lender in the tristate area, but had in recent years gotten into cryptocurrencies as a potential growth business.

2 months ago·Mumbai, India

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Reuters

New York Community Bancorp unit to buy Signature Bank assets, FDIC says

A subsidiary of New York Community Bancorp has entered into an agreement with U.S. regulators to buy deposits and loans from New York-based Signature Bank , which was closed a week ago.

2 months ago·United Kingdom

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CTV News

New York Community Bank to buy failed Signature Bank

New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a US$2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.

2 months ago·Toronto, Canada

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NDTV

US's New York Community Bank To Take Over Failed Signature Bank's Assets

The US banking regulator has struck a deal to sell most of the assets of the failed Signature Bank to another institution, the agency said on Sunday. Signature Bank was seized by the Federal Deposit Insurance Corporation (FDIC) a week ago after it imploded in the wake of the collapse of Silicon Valley Bank (SVB) earlier in March, a failure that has sent convulsions through the global banking sector. The FDIC is also seeking a similar deal to sel…

2 months ago·New Delhi, India

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Associated Press News

New York Community Bank to buy failed Signature Bank

New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday. The

2 months ago·United States

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abc News

New York Community Bank to buy failed Signature Bank

New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday

2 months ago·United States

Read Full Article