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NYC Pension to Invest $60 Million to Preserve Cheap Housing
Bloomberg via Yahoo Finance· 8 hours ago(Bloomberg) -- New York City’s $86 billion pension fund for civil employees is investing in a...
Silverstein-owned Midtown tower fills half of space left by Signature Bank
Crain's New York Business· 4 days agoThe buildings at 1177 Sixth and 450 10th Ave. both took direct hits in last year’s banking turmoil. Owned by Mark Karasick’s 601W, 450 10th leased 200,000 square feet to First Republic Bank.
Texas-based Independent Bank to be bought for $2 billion by Florida’s SouthState
Market Watch· 2 days agoUnder the terms of the deal, Independent Bank shareholders will receive 0.6 shares of SouthState...
UPDATE 2-Morgan Stanley to buy $700 mln property loans tied to Signature Bank, Bloomberg reports
Reuters via Yahoo Finance· 6 days ago(Updates Morgan Stanley response in last paragraph) May 15 (Reuters) - Morgan Stanley has struck a deal with an investor group to buy $700 million of property loans tied to the failed
Starwood CEO Barry Sternlicht Warns Of Commercial Real Estate's Balance Sheet Crisis
Benzinga via Yahoo Finance· 6 days agoStarwood Capital Group CEO Barry Sternlicht said commercial real estate is facing a balance sheet...
The Biden Administration Is Easing Up on Crypto (a Vibes Analysis)
CoinDesk via Yahoo Finance· 9 hours agoA wave of positive regulatory developments for crypto could be coincidence. Or they could be the...
FDIC insurance: What it is and how it works
Bankrate via Yahoo Finance· 5 days agoSome of the largest bank failures in U.S. history happened just last year. The one year anniversary of the failures of Silicon Valley Bank, Signature ...
FDIC's Gruenberg rebuffs bipartisan calls for his resignation as new banking rules loom
Yahoo Finance via AOL· 6 days agoFDIC Chair Martin Gruenberg rebuffed calls to resign during a heated House hearing Wednesday as he...
What Is a Bank Failure? Definition and List of Failed Banks - NerdWallet
Nerdwallet· 5 days agoWhat is a bank failure? A bank failure is the closure of a bank by a government regulator generally...
Lawmakers castigate Gruenberg over FDIC’s toxic culture
Banking Dive via Yahoo Finance· 7 days agoThe FDIC chairman faced multiple calls for his resignation Wednesday at a House panel hearing where...