Cryptocurrency Market

  • Market Cap: $2,405,033,716,694.30
  • 24h Vol: $56,840,551,237.27
  • BTC Dominance: 56.54%

private bank

flagstar-bank-acquires-signature-bank’s-assets-and-branches,-excluding-cryptocurrency-operations

Flagstar Bank Acquires Signature Bank’s Assets and Branches, Excluding Cryptocurrency Operations

On Monday, about a week after the collapse of Signature Bank, the Federal Deposit Insurance Corporation (FDIC) announced that Flagstar Bank, a wholly owned subsidiary of New York Community Bancorp, acquired 40 former branches of Signature and its assets. Flagstar assumed nearly all of Signature’s deposits, except for $4 billion of deposits related to the […]

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ubs-considers-acquiring-credit-suisse,-requests-government-backstop-in-deal

UBS Considers Acquiring Credit Suisse, Requests Government Backstop in Deal

After Credit Suisse Group AG announced it would borrow 50 billion Swiss francs from the Swiss National Bank, UBS Group AG is reportedly considering acquiring the banking giant. However, UBS is requesting that the government issue a backstop to protect against any losses if it purchases Credit Suisse. According to unnamed sources familiar with the

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