On March 19, 2023, the FDIC announced that the agency has entered into a purchase and assumption agreement for “substantially all deposits and certain loan portfolios” of Signature Bridge Bank ...

FDIC Enters into Consent Order with Fintech Focused Bank; FDIC Bank Receivership Frequently Asked Questions - UPDATED 3/20/2023; Liquidity Crises and Fiduciary Duties of Directors of Early-Stage ...

Signature Bank is liquidating in FDIC receivership - not Ch.11 bankruptcy. Various rent regulations for New York apartments could have a serious negative impact on potential investor recoveries.

The FDIC’s usual operating plan for a failed bank calls for a quick receivership process that seeks to maximize the value of depositor accounts, the FDIC insurance fund, and the assets for any ...

To put the FDIC’s $2.5 billion Signature Bank insurance fund loss estimate in perspective, when the FDIC closed IndyMac in July 2008, the bank had about $32 billion in difficult to sell assets.

A week after Signature Bank failed, the Federal Deposit Insurance Corporation said it has sold most of its deposits to Flagstar Bank, a subsidiary of New York Community Bank.

The Federal Deposit Insurance Corporation (FDIC) has retained BlackRock Inc unit Financial Market Advisory to sell the securities portfolios it kept in receivership after the collapse of Signature ...

The Federal Deposit Insurance Corporation said the First–Citizens Bank & Trust Company has agreed to purchase Silicon Valley Bank and will insure all depositors up to federal limits.

Silicon Valley Bank collapsed into Federal Deposit Insurance Corp. receivership on Friday, after its long-established customer base of tech startups grew worried and yanked deposits.

April 28 (Reuters) - The U.S. Federal Deposit Insurance Corporation (FDIC) is preparing to place First Republic Bank , opens new tab under receivership imminently, a person familiar with the ...

The FDIC is planning to take ownership over First Republic Bank imminently and says that there's no time for the bank to go after a private sector rescue, according to a report from Reuters.