The Federal Deposit Insurance Corporation provides deposit insurance, bank supervision, resolution of failed financial institutions, consumer protecti...Read more
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fdic.gov
Government Agency
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Blackstone, CPP Investments, Rialto Capital Acquire 20% Equity Stake in Venture Holding $16.85 CRE Loan Portfolio of Former Signature Bank
(BREIT), Canada Pension Plan Investment Board (CPP Investments) through its subsidiary CPPIB Credit Investments III Inc., and funds affiliated with Rialto Capital (Rialto) have entered into a newly formed joint venture with the Federal Deposit Insurance Corporation (FDIC) and acquired a 20% equity stake for $1.
2 Jan 2024
Santander pays $1.1B for stake in Signature Bank portfolio
The Federal Deposit Insurance Corp. on Wednesday awarded Santander Bank a 20% stake in a joint venture that holds $9 billion in multifamily real estate loans that once belonged to Signature Bank before its failure earlier this year. Santander (NYSE ...
21 Dec 2023
Spain's Santander to buy stake in US real estate portfolio for $1.1 billion
Spain's Santander on Wednesday said it bought 20% of a U.S. real estate portfolio for $1.1 billion from the Federal Deposit Insurance Corporation (FDIC), which will retain 80% in a joint venture with the bank.
20 Dec 2023
New York Community Bancorp Spikes On Acquisition Of Flagstar Bank Assets
New York Community Bancorp, Inc. (NYCB) shares are gaining more than 38 percent on Monday morning trade after its subsidiary Flagstar Bank N.A. acquired assets and assumes certain liabilities of Signature Bridge Bank from the Federal Deposit Insurance Corp.
20 Mar 2023
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