/ Signature Bank
/ 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, 2023US 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, 2023Robinhood 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, 2023Crypto 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, 2023Fed 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