SLR Investment Corp. late Monday said that, following a “thorough review,” the failures of Silicon Valley Bank and Signature Bank won’t impact the company’s...
SLR Investment Corp. SLRC late Monday said that, following a “thorough review,” the failures of Silicon Valley Bank and Signature Bank won’t impact the company’s operations. “We have concluded that these bank issues should not have a material adverse effect on the financial performance, portfolio credit quality, or liquidity position of the company.” Shares of SLR Investment rose 2% in the extended session Monday after ending the regular trading day up 0.4%.
... SLR Investment Corp. SLRC late Monday said that, following a “thorough review,” the failures of Silicon Valley Bank and Signature Bank won’t impact the company’s operations. “We have concluded that these bank issues should not have a material adverse effect on the financial performance, portfolio credit quality, or liquidity position of the company.” Shares of SLR Investment rose 2% in the extended session Monday after ending the regular trading day up 0.4%.
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Signature Bank Deposits to Be Assumed by New York Community Bank Unit: FDICFormer Signature Bank deposits other than those related to the digital banking business will be assumed by a unit of New York Community Bancorp as of Monday, the FDIC said. GregAhl reports
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Flagstar Bank to take over most of Signature Bank's deposits, FDIC saysFlagstar Bank, a subsidiary of New York Community Bankcorp Inc., on Sunday agreed to assume most of Signature Bank's deposits and some of its loans.
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Flagstar Bank to Assume Signature Bridge Bank Deposits, FDIC SaysThe Federal Deposit Insurance Corp. said Sunday it entered into a 'purchase and assumption' agreement for nearly all deposits and certain loan portfolios of Signature Bridge Bank by Flagstar Bank, a subsidiary of New York Community Bancorp. The 40 former branches of Signature Bank will operate un
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New York Community Bank to buy failed Signature BankNew York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
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Signature Bank taken over by Michigan-based Flagstar Bank after failureTreasury Secretary Janet Yellen has said the banking system 'remains sound' despite the recent bank failures.
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New York Community Bank agrees to buy failed Signature Bank in $2.7B dealNew York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal, the Federal Deposit Insurance Corp. said late Sunday.
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