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Failed Signature Bank will be taken over by New York Community Bancorp

Por: CBS News Politics March 20, 2023

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Signature Bank, which in the wake of , will be taken over by New York Community Bancorp, the Federal Deposit Insurance Corporation (FDIC)  Sunday. With deposits of $88.6 billion and more than $110 billion in assets at the end of 2022, Signature Bank's collapse is considered the third-largest bank failure in U.S. history.The (FDIC) entered into a purchase and assumption agreement for substantially all deposits and certain loan portfolios of... + full article



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