
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.
Pune Porsche Car Accident: A big update has come in the Pune Porsche accident case. Pune City Pol
Through the Open Network for Digital Commerce (ONDC), devotees present in any corner of the count
Sourav Ganguly is considered one of the best captains of Team India. It is believed that under hi
Talks have been going on between India and America for a long time on a trade deal. However, now
Friendship Day 2023: Friendship is the valuable wealth of a person's life. It is such a relations
The England team faces much criticism after the crushing defeat to India at Edgbaston. After the
The uproar during Durga idol immersion in Bahraich, Uttar Pradesh has taken a big form. Arson and
Voting is taking place today for the 119-member Telangana Assembly. More than three crore voters
India has reacted very strongly to the way Pakistan's Army Chief General Asim Munir has threatene
Lok Sabha Speaker Om Birla was enraged by the statement of former Congress President Sonia Gandhi