
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.
On Thursday, two days after the IPL 2025 final, RJ Mahvash posted in support of Yuzvendra Chahal,
Earthquake tremors were felt in Argentina on Wednesday. The US Geological Survey (USGS) has confi
Aam Aadmi Party MLAs created a ruckus during the address of Lieutenant Governor VK Saxena in the
China recently released a new version of its standard map. In this, he has shown India's Arunacha
Prime Minister Narendra Modi will be on the Goa tour today. During his visit, PM Modi will gift s
The race for the Orange Cap in IPL 2024 is becoming exciting day by day. The 16th match of IPL 20
External Affairs Minister S Jaishankar assured the Canadian side that action will be taken if the
The Mata Vaishno Devi Yatra resumed on Wednesday morning amid chants of "Jai Mata Di." The pilgri
In the second ODI played in Visakhapatnam, the Australian team created history by defeating the I
This time the Cricket World Cup is creating records on every front. Be it the number of broadcast