Regulators close New York's Signature Bank, citing systemic risk

U.S. regulators said Sunday it shut down New York-based Signature Bank , a second financial institution they shuttered after Silicon Valley Bank's collapse. "We are also announcing a similar systemic risk exception for Signature Bank, New York, New...

1 comment

17 · 11 days ago · Reddit

Think about all the banks that are invested in commercial real estate. Return to office meeting lots of friction. Many companies reducing head count.