Replies to post #537 on Signature Bank (SBNY)

[UpTickMeA$AP]

They didn't get "lumped in".. They are separate, and being sold separate. Institutional players are currently buying sbny equity, and see returns based on assets above liabilities.

The FDIC has a joint venture with the signature assets.

So, currently here is the joint, and what's still held by Signature Bridge Bank:

$?.??? Billion in cash.

80% in the $17B CRE portfolio.
(20% to Blackstone)

95% in the $5.8B Multifamily portfolio.
(5% to Community preservation Corp.)

80% in the $9B Multifamily portfolio.
(20% to Santander)