PNC Buys Book of Signature Bank’s Private Equity Loans From FDIC

PNC Financial Services Group Inc. bought a $16.6 billion portfolio of capital-commitments facilities, mostly to private equity sponsors, that were arranged by failed Signature Bank. #press

https://www.bloomberg.com/news/articles/2023-10-03/pnc-buys-book-of-signature-bank-s-private-equity-loans-from-fdic?utm_source=press.coop

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