Signature Bridge Bank: Shedding of Signature Bank Loan Portfolio Commences
The Federal Deposit Insurance Corporation (FDIC) has kicked off the unloading of Signature Bank's roughly $60 billion commercial real estate loan portfolio. The FDIC announced Tuesday the start of a marketing process for approximately $33 billion of loans originated by Signature prior to the bank's collapse in March - one of the biggest dominoes to [...]
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Signature Bank is a New York-based financial firm that provides personal and commercial banking products and services for individuals and businesses.
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