Signature Bank

The Week That Americans Watched a Bank Run in Real Time

The Week That Americans Watched a Bank Run in Real Time
The Week That Americans Watched a Bank Run in Real Time
March 18, 2023  |  Banking

Back in 1960s through the 1980s, there was a TV show titled “That Was the Week that Was.” The program was, largely, political satire. But...

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FDIC Reportedly Sweetening the Deal for Failed Banks
FDIC Reportedly Sweetening the Deal for Failed Banks
March 17, 2023  |  Bank Regulation

Federal regulators are reportedly sweetening the deal for two failed banks. The Federal Deposit Insurance Corporation (FDIC) is open to negotiating sharing losses if that...

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Biden Wants Tougher Penalties for Bank Executives; HFSC Announces Hearing
Biden Wants Tougher Penalties for Bank Executives; HFSC Announces Hearing
March 17, 2023  |  Legal & Regulation

The investigations into recent bank failures are just beginning. President Joe Biden released a statement Friday (March 17) calling on Congress to impose tougher penalties on senior...

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Yellen Says Community Banks Probably Won’t Get SVB Treatment
Yellen Says Community Banks Probably Won’t Get SVB Treatment
March 16, 2023  |  Banking

Treasury Secretary Janet Yellen isn’t playing favorites, just protecting the U.S. banking system. She told lawmakers Thursday (March 16) that “Americans can feel confident that...

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Banking Crisis Contagion Spreads to Crypto
Banking Crisis Contagion Spreads to Crypto
March 16, 2023  |  Cryptocurrency

Crypto has gone off the rails – quite literally.  Just not in the way industry observers and critics may have first thought or expected. Rather,...

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Bankman-Fried’s Billions Mirror the Oversight Gaps Torching the Banking Sector 
Bankman-Fried’s Billions Mirror the Oversight Gaps Torching the Banking Sector 
March 16, 2023  |  Cryptocurrency

At least one person might be relieved, if not exactly happy, that the banking system is melting. All of a sudden, Sam Bankman-Fried’s alleged misdeeds...

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Report: First Republic Considers Sale After Downgrade
Report: First Republic Considers Sale After Downgrade
March 16, 2023  |  Banking

First Republic Bank is reportedly considering a sale after being downgraded by ratings agencies. The lender is also looking at options for boosting its liquidity,...

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SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
SVB Crisis Spurs Greater Call for Bank Regulations, New Investigations
March 15, 2023  |  Banking

New laws, and new investigations, often follow bank crises.  And after the collapse of two banks and one self-liquidation in just five days, calls are growing both for a...

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