{"id":7698,"date":"2023-09-06T19:19:15","date_gmt":"2023-09-06T19:19:15","guid":{"rendered":"https:\/\/prosfunds.com\/markets\/fdic-kicks-off-33-billion-sale-of-seized-assets-from-signature-bank\/"},"modified":"2023-09-06T19:19:16","modified_gmt":"2023-09-06T19:19:16","slug":"fdic-kicks-off-33-billion-sale-of-seized-assets-from-signature-bank","status":"publish","type":"post","link":"https:\/\/prosfunds.com\/?p=7698","title":{"rendered":"FDIC kicks off $33 billion sale of seized assets from Signature Bank"},"content":{"rendered":"<div id=\"js-article__body\" itemprop=\"articleBody\" data-sbid=\"WP-MKTW-0002472293\">\n<div class=\"snippet__body\">\n<p>The Federal Deposit Insurance Corp. on Tuesday announced details of a planned sale of seized assets from New York\u2019s collapsed Signature Bank.<\/p>\n<p>Regulators hired Newmark Group NMRK to drum up interest in the roughly $33 billion pool of commercial-real-estate loans after the FDIC in March stepped in to protect depositors in Signature Bank and Silicon Valley Bank, while also rolling out a new backstop to keep other banks from collapsing.<\/p>\n<p>The&#8230;\n      <\/p>\n<\/p><\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.marketwatch.com\/story\/fdic-kicks-off-33-billion-sale-of-seized-assets-from-signature-bank-a8aa05e8?mod=markets\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Federal Deposit Insurance Corp. on Tuesday announced details of a planned sale of seized assets from New York\u2019s collapsed Signature Bank. Regulators hired Newmark Group NMRK to drum up interest in the roughly $33 billion pool of commercial-real-estate loans after the FDIC in March stepped in to protect depositors in Signature Bank and Silicon [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":7699,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"content-type":"","footnotes":""},"categories":[33],"tags":[],"class_list":{"0":"post-7698","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-markets"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>FDIC kicks off $33 billion sale of seized assets from Signature Bank | Prosfunds<\/title>\n<meta name=\"description\" content=\"The Federal Deposit Insurance Corp. on Tuesday announced details of a planned sale of seized assets from New York\u2019s collapsed Signature Bank. 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