FDIC

SVB Financial sues US FDIC to recover $1.93 billion By Reuters

© Reuters. A U.S. flag flies outside a branch of the Silicon Valley Bank in Wellesley, Massachusetts, U.S., March 13,…

2 years ago

FDIC retains BlackRock unit for Signature Bank, SVB securities portfolio sale By Reuters

© Reuters. FILE PHOTO: The BlackRock logo is pictured outside their headquarters in the Manhattan borough of New York City,…

2 years ago

FDIC announces sale process of former Signature Bank loan portfolio By Reuters

© Reuters. FILE PHOTO: A woman walks past a Signature Bank location in Brooklyn, New York, U.S., March 20, 2023.…

2 years ago

Corporate agitator Ackman tells US to raise FDIC insurance limit to shore up confidence  By Reuters

© Reuters. FILE PHOTO: Bill Ackman, CEO of Pershing Square Capital, speaks at the Wall Street Journal Digital Conference in…

2 years ago

Fed’s Powell discusses FDIC deposit insurance in meeting with Republicans -US lawmaker By Reuters

© Reuters. FILE PHOTO: Federal Reserve Board Chair Jerome Powell takes questions from the news media while holding a news…

2 years ago

FDIC hires Newmark Group to sell billions of Signature Bank debt

2/2 © Reuters. FILE PHOTO: The company logo for Signature Bank is displayed at a location in Brooklyn, New York,…

2 years ago

U.S. FDIC tells Signature Bank’s crypto clients to close accounts by April 5 By Reuters

© Reuters. FILE PHOTO: A person walks into the lobby of the Signature Bank headquarters, in New York City, U.S.,…

2 years ago

First Citizens to buy most SVB loans; FDIC sees $20 billion hit to insurance fund By Investing.com

© Reuters By Geoffrey Smith  Investing.com -- First Citizens Bank is to buy most of the loan book of the…

2 years ago

First Citizens Bank to assume deposits, loans of Silicon Valley Bridge Bank from FDIC

The Federal Deposit Insurance Corporation (FDIC) entered into a purchase and assumption agreement for all deposits and loans of Silicon…

2 years ago

First Citizens Bank to buy SVB’s deposits, loans from FDIC By Reuters

© Reuters. FILE PHOTO: FILE PHOTO: A security guard stands outside of the entrance of the Silicon Valley Bank headquarters…

2 years ago