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.
A few days ago, Israel carried out air strikes with missiles on Iran. Israel claimed that Iran fi
Bollywood superstar Ranbir Kapoor is constantly in the news for the film Animal. The film made hu
As soon as the proceedings of the Lok Sabha began this morning, there was an uproar over the NEET
Manmohan Singh Died: Dr. Manmohan Singh did not like BMW, he used to say- my car is 'Maruti 800'
Even after becoming the Prime Minister, Dr. Manmohan Singh was a simple person. To a large extent
A 32-year-old iron footbridge built on the Indrayani River collapsed on Sunday afternoon in the M
New Covid Variant: WHO begins investigation on new Eris variant, a case has come to India
The World Health Organization (WHO) has started an investigation on Eris emanating from the Omicr
Seizure: 1,137 kg of banned raw sea cucumber seized, worth Rs 5.11 crore
About 1,137 kg of banned raw sea cucumber, estimated to be worth Rs 5.11 crore, dumped in the sea
India has done wonders again with the SpadeX mission. The 44.5-meter-long Polar Satellite Launch
Lok Sabha elections are going on across the country. All political parties are campaigning vigoro
World Cup Trophies Winners List 1975 to 2019 History: The countdown of ICC ODI World Cup 2023 has
