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 investing firms, according to the regulator's website.
The FDIC hired Newmark Group
in March to sell about $60 billion of Signature Bank's loans, after state regulators decided to close down the failed lender amid a turmoil in regional banks earlier this year.The sale was launched on July 25 and is limited to FDIC-insured depository institutions, the Bloomberg report said. The notice reads that the loans for sale "consist of subscription credit facilities to private equity funds."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Tucson Electric home bills could go up by $18 a month under new proposalFor Star subscribers: A proposed Tucson Electric Power rate order would boost monthly home bills an average $18 per month to cut residential subsidies, but even TEP says that's too much.
Consulte Mais informação »
FDIC approves proposed capital requirements for banksThe Federal Deposit Insurance Corp. has voted to approval recommended changes to increase capital requirements for banks. The proposal will include banks...
Consulte Mais informação »
“Strong mayor” ballot initiative, backed by Aurora Mayor Mike Coffman, clears first signature hurdleAn effort led by Aurora Mayor Mike Coffman asking voters to make a change to the city’s charter to give the mayor more power is one step closer to making it onto the November ballot.
Consulte Mais informação »
Recreational marijuana enthusiasts race to get signature count higher for Ohio’s Nov. ballotRecreational marijuana enthusiasts need less than 700 valid signatures, a task they, and legal experts, are confident will happen — as long as the supporters focus and pay attention to detail.
Consulte Mais informação »
Judge gives deadline extension to organizers trying to stop 'Cop City' with signature campaignA federal judge has significantly extended the deadline for Atlanta organizers who have been trying to gather more than 70,000 signatures to force a vote on the construction of a police and firefighter training center that critics call 'Cop City.'
Consulte Mais informação »
Phoebe Philo’s Website Is Live and Open for Registration“Register here for news and further updates” are the only words on the black screen that shows up when one lands on the Phoebe Philo website. But it signals that the acclaimed designer is on track to start selling her long-awaited signature collection.
Consulte Mais informação »