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Customers Bancorp Buys $631 Million Loan Portfolio From FDIC

(Bloomberg) Customers Bancorp Inc. purchased $631 million of venture-banking loans from the Federal Deposit Insurance Corp., paying about 85% of the portfolio’s book value, and is adding a team of bankers that had worked on the financing.Most Read from BloombergAfrica’s Richest City Is Crumbling Under Chaos and CorruptionA Goldman Partner’s Sexually Explicit Video Led to Millions in SettlementCrispin Odey’s One-Week Downfall Was Decades in the MakingSocial Security Benefits Targeted for Cuts

Customers Bancorp buys $631 million loan portfolio from FDIC

Customers Bancorp buys $631 million loan portfolio from FDIC
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