The $2.7 billion deal does not include about $4 billion in crypto-related deposits held by the former Signature Bank’s digital-assets banking business, according to the Federal Deposit Insurance Corp.
Source: Inman News
Flagstar Bank takes over Signature Bank’s retail branches
Published in bank failures, fdic, Federal Deposit Insurance Corp., Flagstar Bank, Mortgage, New York Community Bank, Regulations, Select, Signature Bank and Thomas Cangemi
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