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New York Community Bank to buy failed Signature Bank in a $2.7 billion deal

20 Mar 2023 Zinkpot 150

 Business Standard -  New York Community Bank has agreed to buy a significant chunk of the failed Signature Bank in a $2.7 billion deal. This deal will include the purchase of $38.4 billion in Signature Bank's assets, a little more than a third of Signature's total when the bank failed a week ago. Read more

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