/ Signature Bank


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

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.

March 20, 2023
US Banks Borrowed $148B from Fed’s Discount Window this Week, Highest Level Since 2008

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.

March 17, 2023
Robinhood Makes a U-turn, Will Honor Bets Against Signature Bank

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.

March 16, 2023
Crypto Business Becomes Key Talking Point of Signature Bank’s Sale

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.

March 16, 2023
Fed Considers New Rules for Midsize Banks After SVB Collapsed with 90% Deposits Uninsured

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.

March 15, 2023