Regulators seize Signature Bank in third-largest US bank failure
Regulators seized New York regional bank Signature Bank (SBNY) two days after shutting down Silicon Valley Bank as overseers of the banking system try to restore calm before markets open Monday.
Signature becomes the third-largest bank to ever fail in the U.S., behind Silicon Valley Bank and Washington Mutual in 2008
https://www.yahoo.com/finance/news/regu ... 04695.html
Regulators seized New York regional bank Signature Bank (SBNY) two days after shutting down Silicon Valley
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Keep News and Politics about News and Politics.
Do not post full articles from other websites. Always link back to the source
Discuss things respectfully and take into account that each person has a different opinion.
Remember that this is a place for everyone to enjoy. Don’t try and run people off of the site. If you are upset with someone then utilize the foe feature.
Report when things come up.
Personal attacks are against guidelines however attacks need to be directed at a member on the forum for it to be against guidelines. Lying is not against guidelines, it’s hard for us to prove someone even did lie.
Once a topic is locked we consider the issue handled and no longer respond to new reports on the topic.
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- Marchioness
- Posts: 567
- Joined: Wed Jan 18, 2023 3:23 pm
So, is that the 3rd bank to fail in the last 2 weeks?
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- Marchioness
- Posts: 567
- Joined: Wed Jan 18, 2023 3:23 pm
Just the second. For some reason, I thought there was a second one in Cali.