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.
Karnataka Chief Minister Siddaramaiah shared a tweet on Monday on the death of B. Saroja Devi, ex
Aam Aadmi Party's national convenor and former Delhi CM Arvind Kejriwal has posted on X on the is
Former Indian cricketer and Rajya Sabha MP Harbhajan Singh has said that the upcoming consecratio
The retrenchment of employees of Meta in India can start from today i.e. Wednesday. At least two
There has been a major lapse in the security of the Parliament House once again. A person entered
Former Indian team captain and former chairman of the selection committee Dilip Vengsarkar has ta
Two IT engineers lost their lives in a Porsche car accident in Pune, Maharashtra. The car driver,
The US Embassy in India on Tuesday warned international students studying in the US that their st
The 20th match of IPL 2025 was played between RCB and Mumbai Indians. Batting first in this match
Maharashtra: 'Those who are glorifying Aurangzeb are traitors', statement of Deputy CM Eknath Shinde
Maharashtra Deputy Chief Minister Eknath Shinde has said that those who are still praising Aurang
