The Federal Deposit Insurance Corp. on Tuesday announced details of a planned sale of seized assets from New York’s collapsed Signature Bank.
Regulators hired Newmark Group NMRK to drum up interest in the roughly $33 billion pool of commercial-real-estate loans after the FDIC in March stepped in to protect depositors in Signature Bank and Silicon Valley Bank, while also rolling out a new backstop to keep other banks from collapsing.
The…
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