We reported last week that the owners of the landmarked McGraw-Hill building at 330 W. 42nd St. were putting their planned, partial residential conversion on the fast track. It so happened that a p…
Gerard Nocera, a managing partner at the tower’s asset manager Resolution, told the CO that it would not: “We’ve been current on that loan, [we will] stay current on that loan. It’s at a very good rate in today’s world, so we’re happy with that and we plan to extend it.”
But Signature was a prime holder of commercial debt in the city. We can only wonder whether its failure will impact other properties less stable and less fortunate than McGraw-Hill.
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Former NYDFS Superintendent Reacts to Signature Bank ShutdownReuters reports that the Federal Deposit Insurance Corporation (FDIC) wants bids submitted by today for banks interested in buying the assets of Signature Bank. Former New York State Department of Financial Services (NYDFS) Superintendent Maria Vullo discusses Signature's shutdown and the potential implications for the U.S. crypto regulatory landscape.[reward]42277a9c-7309-46ac-9e66-60d7e0ab4a08[/reward]
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Bitcoin rallies above $26,000 as regulators eye bids for Signature Bank: CNBC Crypto WorldCNBC Crypto World features the latest news and daily trading updates from the digital currency markets and provides viewers with a look at what's ahead with high-profile interviews, explainers, and unique stories from the ever-changing crypto industry. On today's show, Zain Jaffer of Blue Field Capital discusses Meta's metaverse vision as the company cuts jobs.
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Former NY Regulator: Crypto Isn't the Reason Why Signature Bank Was ClosedSignature Bank was shut by New York bank regulators because it failed to provide reliable and consistent data, not because of its crypto clients, MariaTVullo, former superintendent at the NYDFS, told CoinDesk TV's 'First Mover.' _franvela reports
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Some Equifax settlement checks bounced due to 'clerical error' at failed Signature BankThe bounced checks were unrelated to the recent collapse of Signature Bank and affected consumers will be reimbursed, according to the settlement administrator.
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Congress announces March 29 hearing into failures of SVB and Signature BankFDIC chair Martin Gruenberg and Fed vice chair for supervision Michael Barr will appear before Congress on March 29 as part of a hearing into the collapse of SVB and Signature.
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