What assets remain under FDIC control from Signature Bank?

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Approximately US$64 Billion in Signature Bank Assets Remain Under FDIC Control

The Federal Deposit Insurance Corporation (FDIC) will retain control over approximately US$64 billion in assets from the failed Signature Bank. This includes about US$60 billion in loans and US$4 billion in deposits specifically linked to Signature Bank's digital banking operations. These assets were not included in the sale of other Signature Bank assets to Flagstar Bank.
Digital Banking Loans and Deposits Withheld

The US banking regulator has confirmed that a significant portion of Signature Bank's digital banking business assets will not be transferred to the acquiring institution. Specifically, the FDIC will continue to hold approximately US$60 billion in loans and US$4 billion in deposits associated with this segment. This move separates the digital banking component from the broader asset sale.
Sale to Flagstar Bank

Prior to this, Flagstar Bank, a subsidiary of New York Community Bancorp, agreed to acquire the majority of Signature Bank's assets. This deal encompassed all of Signature Bank's deposits and certain loan portfolios. The 40 branches of Signature Bank were scheduled to operate under the Flagstar Bank banner starting Monday.
Context of Signature Bank's Collapse

Signature Bank was taken over by the FDIC a week prior to this announcement, following the collapse of Silicon Valley Bank earlier in March. This series of failures has caused considerable instability within the global banking sector. The FDIC's actions, alongside interventions from the US Federal Reserve and the Treasury Department, aimed to prevent a wider contagion effect across the banking industry.

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What assets remain under FDIC control from Signature Bank?

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