
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.
Union Minister for Minority Affairs Kiren Rijiju said that the purpose of passing the Waqf Amendm
G-20 Summit: Advancing US-India relations is our priority – US Treasury Secretary Janet Yellen
US Treasury Secretary Janet L. Yellen on Thursday (September 8) emphasized India-US bilateral rel
Batting legend Sunil Gavaskar has never been one to lightly praise or compare cricket's greats, b
Barbie Box Office Day 5 Collection: Greta Gerwig's film 'Barbie' is currently setting new records
All India Majlis-e-Ittehadul Muslimeen (AIMIM) chief Asaduddin Owaisi has slammed the Pakistani a
Prime Minister Narendra Modi expressed grief over the deaths in the massive fire in Solapur. At l
The Union Law Ministry has praised the 'One Nation, One Election' Bill. The ministry has told the
If you also happen to be a Delhi resident, book your seats for the thrilling encounter between De
America's team of rocket scientists had requested India to share the technology and equipment of
The war of words between BJP and Congress, which began after the death of former Prime Minister D