After Signature Bank Deal, FDIC Is Left With $11 Billion in ‘Toxic Waste’ Loans
Signature Bank’s partial takeover by a competitor is notable for what it doesn’t include: $11 billion of loans against a class of New York City apartments whose values have tumbled in recent years. • None US Studies Ways to Insure All Bank Deposits If Crisis Grows • None UBS to Buy Credit Suisse…
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