
State regulators also shut down New York-based Signature Bank on Sunday. This made it the third-largest failure in US banking history. News of the Signature Bank failure follows Friday's shutdown of Silicon Valley Bank. It was the second-largest banking collapse in US history after the Washington Mutual disaster during the 2008 recession.
The Federal Deposit Insurance Corporation (FDIC) took control of Signature Bank, which had $110.36 billion in assets and $88.59 billion in deposits at the end of last year, according to the New York State Department of Financial Services.
The US Treasury Department and other bank regulators said in a joint statement that all depositors of Signature Bank and Silicon Valley Bank will be paid and taxpayers will not suffer any loss.
President Draupadi Murmu and Prime Minister Narendra Modi on Wednesday greeted Indian Army person
Amid the ongoing tussle over Tej Pratap Yadav, Rashtriya Janata Dal chief Lalu Prasad Yadav's hou
The Super Four match between India and Pakistan will now be played on Reserve Day i.e. today. Due
Union Minister of State for External Affairs Kirti Vardhan Singh has left to oversee the relief o
Union Home Minister Amit Shah on Tuesday said that the contribution of the Northeast region will
Due to torrential rains in the mountains, Yamuna is flowing above the danger mark and water has f
Kolkata Doctor Murder Case. The mother of the female doctor who was brutally raped in Kolkata's g
IND vs AUS Pitch Report: After the ODI World Cup, it is the turn of T-20 cricket. Team India will
Rob Walter on Quinton De Kock's Retirement Decision: Before the upcoming series against India, So
Parineeti Chopra was last seen in Imtiaz Ali's film 'Amar Singh Chamkila'. He received much appre