SVB Financial Group, which is no longer affiliated with Silicon Valley Bank, filed a voluntary petition for a court-supervised reorganization under Chapter 11 in the United States Bankruptcy Court for the Southern District of New York to preserve value. read more

MAR 20, 2023 - 7:24 am

Flagstar Bank, a bank subsidiary of New York Community Bancorp, acquired certain assets and assumed certain liabilities of Signature Bridge Bank from the FDIC. All regulatory approvals, including approval from the OCC, have been obtained and the transaction has closed. read more

MAR 20, 2023 - 7:20 am