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Term Sheet: Signature loan book sale imminent but impact limited; Invesco takes minority stake in Faropoint; market watchers map potential for May 2024 rate cuts
Market watchers say forthcoming sale of Signature Bank’s loan portfolio could be a non-event for gaining clarity on valuations and pricing; Invesco has appetite for more strategic stakes following minority stake in last-mile industrial specialist Faropoint; CME and DWS anticipate rate cuts could start as soon as May 2024, and more in today’s Term Sheet, exclusively for our valued subscribers.
