Flagstar Bank to buy some Signature Bank assets, but not crypto operations

Flagstar Bank to buy some Signature Bank assets, but not crypto operations

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Flagstar Bank, a subsidiary of New York Community Bancorp, has signed a takeover agreement with U.S. regulators for some of Signature Bank’s assets and loans. Earlier this month, after Silicon Valley Bank’s customers all tried to withdraw their funds at the same time, Signature Bank was the second…

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