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Santander Buys Stake in Signature Bank Loan Portfolio for $1.1 Billion

(Bloomberg) The Federal Deposit Insurance Corp. struck another deal to offload a portion of real estate loans from Signature Bank.Most Read from BloombergTrump Barred From Colorado Ballot in Unprecedented RulingApple Races to Tweak Software Ahead of Looming US Watch BanThe Hedge Fund Traders Dominating a Massive Bet on BondsOnce Africa’s Richest Woman, Dos Santos Has $734 Million of Assets FrozenNasdaq 100 Drops 1% as Treasuries Keep Powering On: Markets WrapThe FDIC sold a 20% stake in a ven ....

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Blackstone, CPPIB Take $1.2 Billion Stake in Signature Bank Deal

(Bloomberg) A joint venture that includes Blackstone Inc. and Canada Pension Plan Investment Board has won a stake in a nearly $17 billion portfolio of commercial-property loans from the failed Signature Bank. Most Read from BloombergRange Rovers Become Thief-Magnets, Causing Prices to TumbleOwner of the Philippines’ Largest Malls Says China Feud May Hurt BusinessesCiti Shuts Muni Business That Once Was Envy of RivalsUS Approves New Kind of Nuclear Reactor for First Time in 50 YearsEU Fails t ....

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Blackstone Wins Stake in Signature CRE Loans for $1.2 Billion

Blackstone Wins Stake in Signature CRE Loans for $1.2 Billion
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