Dec 15, 2023 | Banking News
Financial Institution Letter: Extension of the Revised Statement Regarding Status of Certain Investment Funds and Their Portfolio Investments for Purposes of Regulation O and Reporting Requirements under Part 363 of FDIC Regulations In response to the evolving...
Dec 15, 2023 | Banking News
We Don’t Need to Fix FDIC, We Need a Genuinely Safe Bank Introduction The collapse of several banks earlier this year has raised concerns about the effectiveness of the current deposit insurance system. The traditional methods of ensuring bank stability, such as the...
Dec 15, 2023 | Banking News
Breaking News: Related Fund Management Secures FDIC Bid for Signature Rent-Regulated Loan Pool The Federal Deposit Insurance Corp (FDIC) and Related Fund Management Join Forces The Federal Deposit Insurance Corp. (FDIC) has recently closed two joint venture...
Dec 15, 2023 | Banking News
The Federal Deposit Insurance Corporation (FDIC) has successfully sold a 20 percent stake in a portfolio of loans from the failed Signature Bank. The portfolio, valued at $16.8 billion, was sold to a group led by the Blackstone Group for $1.2 billion. This strategic...
Dec 14, 2023 | Banking News
Blackstone & Canada Pension Plan Form $1.2B JV with FDIC Blackstone Real Estate Debt Strategies, a unit of Blackstone Group, together with Blackstone Real Estate Income Trust, Canada Pension Plan Investment Board, and funds affiliated with Rialto Capital,...
Dec 14, 2023 | Banking News
Wall Street too optimistic about potential interest rate cuts, says Fmr. FDIC Chair Sheila Bair The Market Surge on the Back of a Dovish Fed Pivot Former Federal Deposit Insurance Corporation (FDIC) Chair Sheila Bair recently discussed the market surge fueled by Wall...