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  1. www.theverge.com › 2023/3/12 › 23636780Signature Bank shut down as FDIC, Treasury, and the Fed cite...

    Mar 12, 2023 · Signature Bank, a major crypto bank, was shut down by New York regulators due to systemic risk. Depositors will be made whole, but crypto companies and stablecoin providers face challenges in accessing their funds.

  2. www.forbes.com › sites › brianbushardWhat Happened To Signature Bank? The Latest Bank Failure Marks...

    Mar 13, 2023 · Signature Bank, a New York-based regional bank that became a leader in cryptocurrency lending, shuttered suddenly on Sunday, marking the third-biggest bank failure in U.S. history just two days...

    • Brian Bushard

  3. en.wikipedia.org › wiki › Signature_BankSignature Bank - Wikipedia

    Signature Bank was a New York-based commercial bank that catered to wealthy clients and cryptocurrency businesses. It collapsed in 2023 due to a run on deposits and a money laundering investigation.

  4. www.reuters.com › business › financeSignature Bank becomes next casualty of banking turmoil after SVB

    Mar 12, 2023 · State regulators closed New York-based Signature Bank on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley Bank in a collapse that...

  5. www.cnbc.com › 2023/03/13 › signature-bank-third-biggest-bankWhy regulators seized Signature Bank in third-biggest bank...

    Mar 13, 2023 · The swift move shocked executives of Signature Bank, said board member and former congressman Barney Frank.

  6. www.nytimes.com › 2023/03/12 › businessRisky Bet on Crypto and a Run on Deposits Tank Signature Bank

    Mar 12, 2023 · Signature Bank, a New York financial institution with a big real estate lending business that had recently made a play to win cryptocurrency deposits, closed its doors abruptly on Sunday, after...

  7. apnews.com › article › signature-bank-fdic-new-york-svb-40cSignature Bank’s demise: Contagion or a problem with the...

    Mar 16, 2023 · A New York-based bank's demise was stunningly fast. The state regulators who shut down Signature Bank on Sunday said they were concerned about a frenzy of withdrawals after California's Silicon Valley Bank failed two days earlier.