FDIC-run Signature Bridge Bank sells 20% stake of $16.8 billion real estate portfolio By Reuters
[ad_1] © Reuters. FILE PHOTO: The Federal Deposit Insurance Corp (FDIC) logo is seen at the FDIC headquarters as Chairman Sheila Bair announces the bank...
Signature Bank failed to understand risks associated with crypto: FDIC chair By Cointelegraph
[ad_1] Investigations into the collapse of Signature Bank (OTC:) point toward illiquidity circumstances and poor management. However, the Federal Deposit Insurance Corporation (FDIC) chairman, Martin...
GAO cites exposure to digital assets in exploring collapse of Signature Bank By Cointelegraph
[ad_1] The United States Government Accountability Office, or GAO, has released its preliminary review of the failures of Silicon Valley Bank and Signature Bank (OTC:)...
FDIC pins Signature Bank’s failure on poor governance and illiquidity By Cointelegraph
[ad_1] The United States Federal Deposit Insurance Corp’s (FDIC) post-mortem assessment of Signature Bank of New York (OTC:) revealed poor management and inadequate risk management...
‘Ludicrous’ to think Signature Bank’s collapse was connected to crypto, says NYDFS head By Cointelegraph
[ad_1] Adrienne Harris, superintendent of the New York Department of Financial Services, has reportedly said the closure of the crypto-friendly Signature Bank (OTC:) in March...
Stablecoin issuer Tether accessed US banking system using Signature: Report By Cointelegraph
[ad_1] , the firm behind the largest stablecoin by market capitalization, reportedly allowed its clients to send funds through Signature Bank’s payments platform — granting...
FDIC plans to return $4B in Signature crypto deposits ‘by early next week’ — Martin Gruenberg By Cointelegraph
[ad_1] Martin Gruenberg, chair of the United States Federal Deposit Insurance Corporation, has said the FDIC plans to return roughly $4 billion in deposits connected...
Coinbase pauses support for Signature Bank’s Signet: Report By Cointelegraph
[ad_1] More than a week after New York regulators closed the crypto-friendly Signature Bank (NASDAQ:), Coinbase (NASDAQ:) has reportedly stopped support for the institution’s Signet...
FDIC sells Signature Bank deposits to Flagstar, crypto not included By Cointelegraph
[ad_1] Only a week after its collapse, Signature Bank’s deposits and loans are set to be sold to Flagstar Bank, a subsidiary of New York...
Congress announces March 29 hearing into failures of SVB and Signature Bank By Cointelegraph
[ad_1] Representatives from the Federal Deposit Insurance Corporation and Federal Reserve will be testifying before the United States House Financial Services Commission in a newly...