The Federal Deposit Insurance Corp. has completed the sale of $18.5 billion in funded loans paid out to borrowers from Signature Bank, one of three major financial institutions that failed earlier this year. Those loans come with additional unfunded commitments to provide up to $13.5 billion in additional debt.
PNC, Goldman Sachs Acquire $32 Billion in Loans Made by Failed Signature Bank
FDIC Is Still Shopping $33.2 Billion in Commitments
CoStar News
October 5, 2023 | 6:20 P.M.
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IN THIS ARTICLE
- Companies
- PNC Financial Services Group, Inc.
Finance and Insurance
- The Goldman Sachs Group, Inc.
Finance and Insurance