{"id":84209,"date":"2023-03-20T00:09:08","date_gmt":"2023-03-20T04:09:08","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=84209"},"modified":"2023-03-19T23:58:20","modified_gmt":"2023-03-20T03:58:20","slug":"fdic-announces-agreement-to-sell-signature-bank-assets-to-new-york-community-bancorp-subsidiary","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/03\/2023\/fdic-announces-agreement-to-sell-signature-bank-assets-to-new-york-community-bancorp-subsidiary.html","title":{"rendered":"FDIC announces agreement to sell Signature Bank assets to New York Community Bancorp subsidiary"},"content":{"rendered":"\n<p>(CNBC) A subsidiary of <a href=\"https:\/\/www.cnbc.com\/quotes\/NYCB\/\">New York Community Bancorp<\/a> has entered into an agreement with U.S. regulators to purchase deposits and loans from New York-based <a href=\"https:\/\/www.cnbc.com\/quotes\/SBNY\/\">Signature Ban<\/a>k, which was closed a week ago. <a rel=\"noreferrer noopener\" href=\"https:\/\/www.fdic.gov\/news\/press-releases\/2023\/pr23021.html\" target=\"_blank\">The Federal Deposit Insurance Corporation said<\/a> the deal would see the subsidiary, Flagstar Bank, assume substantially all of Signature Bank\u2019s deposits, some of its loan portfolios and all 40 of its former branches. Roughly $60 billion of Signature Bank\u2019s loans and $4 billion of its deposits would remain with it in receivership.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2023\/03\/20\/fdic-announces-agreement-to-sell-signature-bank-assets.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) A subsidiary of New York Community Bancorp has entered into an agreement with U.S. regulators to purchase deposits and loans from New York-based Signature Bank, which was closed a week ago. The Federal Deposit Insurance Corporation said the deal [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-84209","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84209","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=84209"}],"version-history":[{"count":1,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84209\/revisions"}],"predecessor-version":[{"id":84210,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/84209\/revisions\/84210"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=84209"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=84209"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=84209"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}