Flagstar Bank buys Signature Bank, crypto business not included

The FDIC is selling Signature Bank’s deposits and loans to Michigan-based Flagstar Bank. The deal does not include the bank’s crypto-related deposits and business, including Signet. New York Community Bancorp-owned Flagstar Bank has offered to buy Signature Bank, the crypto-friendly financial institution that was seized by the U.S. Federal Deposit Insurance Corp (FDIC) last week. […]