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FDIC Left Holding $13B in Hard-to-Sell Mortgage Bonds Post Banking Crisis
The FDIC has been struggling to offload approximately $12.7 billion in bonds tied to project loans supported by Ginnie Mae.
September 13, 2023
FDIC Announced Sale of $115B Worth of SVB and Signature Securities
FDIC is planning to make an “orderly liquidation” of more than $100 billion worth of Signature and SVB securities.
April 05, 2023
Signature’s Crypto Clients Told to Close Accounts By FDIC Before April 5th
Signature Bank’s cryptocurrency customers were informed that their accounts are to be closed by April 5th.
March 28, 2023
FDIC Says Buyers Not Told to Divest as Singature’s Non-Crypto Business Sold
Flagstar Bank agreed to acquire deposits and loans belonging to the collapsed Signature Bank, though crypto-related deposits were not included in the bid.
March 20, 2023
Crypto Business Becomes Key Talking Point of Signature Bank’s Sale
Banks interested in acquiring Signature and Silicon Valley Bank need to submit bids by March 17.
March 16, 2023More from The Tokenist / FDIC
FDIC Moves In to Protect Deposits as SBV Closes its Doors
March 10, 2023
Banks Warned of Crypto Risks but Allowed to Engage: Statement
January 03, 2023
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