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.
Kolkata Knight Riders have secured the number-1 position in the points table of IPL 2024. KKR ach
The country's capital Delhi is wrapped in a blanket of smog. People are forced to breathe pollute
Before the inauguration of Lord Ram's temple in Ayodhya on January 22, preparations are being mad
Scheduled Caste (SC) and Scheduled Tribe (ST) voters will play an important role in dec
After the announcement of a ceasefire between India and Pakistan, there is peace on the border. T
Delhi Chief Minister Arvind Kejriwal has written a letter to Lieutenant Governor VK Saxena from j
Gadar 2 Day 27 Box Office Collection: 'Gadar 2', which did a bang collection from theaters to the
Former Indian captain Mohammad Azharuddin has expressed concern over the Asia Cup match between I
The main opposition party of the state, SP, is going through a tough test. Before the 2022 assemb
Maharashtra Election: 'Anyone can insult Islam and Prophet Muhammad...', Asaduddin Owaisi warns
AIMIM chief Asaduddin Owaisi is very active in the election campaign for Maharashtra Assembly thi
