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.
The Noida dowry death case has now taken a dramatic turn. New allegations have been levelled agai
Tension between India and Canada is at its peak. Meanwhile, insulting India has cost the Canadian
Indian opener and Karnataka captain Mayank Agarwal was admitted to a local hospital on Tuesday af
Comedian Kapil Sharma has opened a cafe in Canada, named 'Caps Cafe'. Recently, that cafe was att
IPL 2024: Batsman fell on the ground on Arjun Tendulkar's yorker ball, people asked- Is it, Ishan?
Five-time champions Mumbai Indians started their training camp almost two weeks before the start
Gurucharan Singh Missing: No trace has been found yet of Gurucharan Singh, who became famous
On the main bathing festival Mahashivratri, if you come from Lucknow, Pratapgarh, then you will t
Anushka Sharma was seen angry during IND vs PAK T20 World Cup match, video went viral
The T20 World Cup held in America was played between India and Pakistan on Sunday, June 9. India
Pollution has stopped the pace of development in Delhi. Work on all the projects of the Public Wo
Ambedkar Statue : 125 feet tall statue of Ambedkar in Hyderabad, KCR unveiled
Ambedkar's statue in Hyderabad: Telangana Chief Minister K Chandrasekhar Rao on Friday unveiled a
