On Monday, Signature Bank’s 40 branches will begin operating as Flagstar Bank. Signature customers won’t need to make any changes to do their banking Monday. New York Community Bank bought substantially all of Signature’s deposits and a total of $38.4 billion worth of the company’s assets. That includes $12.9 billion of Signature’s loans, which New York Community Bank purchased at a steep discount -— it paid just $2.7 billion for them.
Not included in the transaction is about $60 billion in other assets, which will remain in the FDIC’s receivership. It also doesn’t include $4 billion in deposits from Signature’s digital bank business. As the banking crisis spreads, banks have grown increasingly wary of taking on risk. That’s likely why New York Community Bank was unwilling to take on all Signature’s assets.
Seems we will see more coming
Fast move by FDIC
中共昨天开始动用高科技武器直接攻击本人头部，致使本人头部无故剧痛。 中共此举，应该是想把本人搞残废！以报复本人不愿意帮它们反人类！ 中共的邪恶反人类和中国人低贱人种的蠢贱远超你们的认知！ 所以本人一再警示一亿中共鬼类和十几亿中国人猪类（包括海外支那裔）对人类民主自由文明存续的威胁！