Signature Bank

Market Analysis

FDIC Left Holding $13B in Hard-to-Sell Mortgage Bonds Post Banking Crisis

The FDIC has been struggling to offload approximately $12.7 billion in bonds tied to project loans supported by Ginnie Mae.

Ruholamin HaqshanasSep 13, 20233 min read

Banking

A Small Pennsylvania-Based Bank Has Replaced Silvergate as Crypto Industry’s Go-To

Pennsylvania-based Customers Bank has become crypto's go-to bank in the US.

Ruholamin HaqshanasJul 18, 20234 min read

Policy

NYDFS’ Harris Says Crypto Clients’ Bank Run Not What Crashed Signature

Superintendent Harris of the NYDFS recently stated that Signature’s crypto clients played only a minor role in the bank’s collapse.

Tim FriesApr 19, 20233 min read

Policy

FDIC Announced Sale of $115B Worth of SVB and Signature Securities

FDIC is planning to make an “orderly liquidation” of more than $100 billion worth of Signature and SVB securities.

Tim FriesApr 5, 20233 min read

Banking

Tether Used Signature’s Signet and a Bahaman Bank for Dollar Transactions

Allegedly, Tether directed its clients to buy stablecoins by using the Signet Network to transfer funds to a small Bahamas-based bank.

Tim FriesApr 4, 20233 min read

Banking

Signature’s Crypto Clients Told to Close Accounts By FDIC Before April 5th

Signature Bank’s cryptocurrency customers were informed that their accounts are to be closed by April 5th.

Tim FriesMar 28, 20233 min read

Banking

FDIC Says Buyers Not Told to Divest as Singature’s Non-Crypto Business Sold

Flagstar Bank agreed to acquire deposits and loans belonging to the collapsed Signature Bank, though crypto-related deposits were not included in the bid.

Tim FriesMar 20, 20233 min read

Market Analysis

US Banks Borrowed $148B from Fed’s Discount Window this Week, Highest Level Since 2008

The FDIC has also lent out $142.8 billion to two entities set up by US regulators to succeed SVB and Signature Bank.

Ruholamin HaqshanasMar 17, 20234 min read

Best Stocks

Robinhood Makes a U-turn, Will Honor Bets Against Signature Bank

Robinhood will let customers keep their 'winning' short positions against Signature Bank open, backing down on its previous decision.

Tim FriesMar 16, 20233 min read

Market Analysis

Crypto Business Becomes Key Talking Point of Signature Bank’s Sale

Banks interested in acquiring Signature and Silicon Valley Bank need to submit bids by March 17.

Ruholamin HaqshanasMar 16, 20234 min read

Banking

Fed Considers New Rules for Midsize Banks After SVB Collapsed with 90% Deposits Uninsured

Silicon Valley Bank and Signature Bank had the highest ratio of uninsured deposits, at 93.3% and 89.7%, respectively.

Ruholamin HaqshanasMar 15, 20234 min read

Banking

Bitcoin Up 9.5% Amid Banking Crisis in US, Breaks Through $24,000

For the first time in a major bank run, Bitcoin exists as a ready-to-go solution.

Tim FriesMar 13, 20236 min read