/ Signature Bank
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.
September 13, 2023A 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.
July 18, 2023NYDFS’ 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.
April 19, 2023FDIC 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.
April 05, 2023Tether 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.
April 04, 2023