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Signature Bank Shut Down; Second US Bank To Fail After SVB Collapse

The New York-based bank, which has a number of crypto clients, was shut down on Sunday by state regulators, the Federal Reserve said in an announcement.

Signature Bank Shut Down; Second US Bank To Fail After SVB Collapse
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Signature Bank has been shut down by state authority, according to a report by the Spectator Index. As per reports, the New York-based bank, which has a number of crypto clients, was shut down on Sunday by state regulators, the Federal Reserve said in an announcement. Silicon Valley Exhales After US Intervenes in SVB Collapse.

Signature Bank Shut Down by State Authority

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(The above story first appeared on LatestLY on Mar 13, 2023 03:55 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).