November 19, 2023

(Reuters) -Blackstone is in the lead to win the $17 billion portfolio of commercial-property loans from the U.S. Federal Deposit Insurance Corp’s (FDIC) sale of Signature Bank debt, Bloomberg News reported on Sunday. In September, the FDIC was seeking buyers for the $33 billion commercial real estate loan portfolio of failed New York lender Signature…

(This Nov. 18 story has been refiled to correct the spelling of ‘Khosla’ in paragraph 6) By Anna Tong, Krystal Hu and Jeffrey Dastin (Reuters) – Sam Altman, the just ousted CEO of OpenAI, is discussing a possible return to the company behind the ChatGPT bot even as he considers launching a new artificial intelligence…