NY-Based Signature Bank Closed by Regulators on Sunday 3-12, 3rd Largest Failure in US History
State regulators closed New York-based Signature Bank (SBNY.O) on Sunday, the third largest failure in U.S. banking history, two days after authorities shuttered Silicon Valley Bank (SIVB.O) in a collapse that stranded billions in deposits.
Read more: https://www.reuters.com/business/finance/new-york-state-regulators-close-signature-bank-2023-03-12/
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