NYC Pension to Invest $60 Million to Preserve Affordable Housing [Yahoo! Finance]
Signature Bank (SBNY)
Last signature bank earnings: 4/23 05:00 am
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US:NASDAQ Investor Relations:
investor.signatureny.com/investor-relations
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Source: Yahoo! Finance
tied to rent-controlled and rent-stabilized apartment buildings from the failed Signature Bank. Most Read from Bloomberg One Dead After Singapore Air Flight Hit By Severe Turbulence ASML and TSMC Can Disable Chip Machines If China Invades Taiwan Hims Debuts $199 Weight-Loss Shots at 85% Discount to Wegovy Jamie Dimon Says Succession at JPMorgan Is ‘Well on the Way' Iran State TV Says ‘No Sign of Life' at Helicopter Crash Site New York City Employees' Retirement System, or NYCERS, will invest as much as $60 million in a partnership, led by the Community Preservation Corp., that will preserve nearly 35,000 rent-stabilized units affected by the Signature Bank's sudden collapse last March, city Comptroller Brad Lander said Tuesday. The fund will own a 25% stake in the partnership, which also includes Related Fund Management and Neighborhood Restore HDFC. Signature Bank was one of a handful of regional banks that collapsed in 2023. Its failure sparked anxiety among tenants
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News
- Signature Bank (NASDAQ: SBNY) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat
- NYCB acquired Signature Bank assets with total fair value of $37.8 billion [Yahoo! Finance Canada]Yahoo! Finance Canada
- NYCB acquired Signature Bank assets with total fair value of $37.8 billion [Yahoo! Finance]Yahoo! Finance
- NYCB acquired Signature Bank assets with total fair value of $37.8 billion [Yahoo! Finance Canada]Yahoo! Finance Canada
- Signature Bank (NASDAQ: SBNY) is now covered by analysts at StockNews.com. They set a "sell" rating on the stock.MarketBeat