Signature Bank

SBNY

US82669G1040

Delayed OTC Markets Other stock markets 12:34:08 2024-07-17 EDT			5-day change	1st Jan Change
2.2 ^USD	-6.38%		+12.82%	+37.42%

2023	How a 5% US benchmark Treasury yield could further roil markets	RE
2023	Alecta board chair steps down with immediate effect	RE

Circle CEO With Closure Of Signature Bank, Co Will Not Be Able To Process Minting And Redemption Through Signet - Tweet

March 12, 2023 at 07:26 pm

March 12 (Reuters) -

* CIRCLE CEO SAYS 100% OF USDC RESERVES ARE ALSO SAFE AND SECURE, AND CO WILL COMPLETE TRANSFER FOR REMAINING SVB CASH TO BNY MELLON - TWEET

* CIRCLE CEO SAYS WITH CLOSURE OF SIGNATURE BANK, CO WILL NOT BE ABLE TO PROCESS MINTING AND REDEMPTION THROUGH SIGNET; WILL BE RELYING ON SETTLEMENTS THROUGH BNY MELLON

* CIRCLE CEO SAYS WILL BE BRINGING ON A NEW TRANSACTION BANKING PARTNER WITH AUTOMATED MINTING AND REDEMPTION POTENTIALLY AS SOON AS TOMORROW Source text: https://bit.ly/3JzwtKA

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SIGNATURE BANK	2.2 USD	-6.38%	+12.82%	147M
	SVB FINANCIAL GROUP	0.022 USD	+4.76%	+10.00%	1.24M

Latest news about Signature Bank

How a 5% US benchmark Treasury yield could further roil markets	23-10-19	RE
Alecta board chair steps down with immediate effect	23-10-02	RE
Fixing oversight culture may be biggest challenge in averting future bank crises	23-09-20	RE
US looks to offload $13 bln of mortgage bonds seized from SVB, Signature - Bloomberg News	23-09-12	RE
FDIC Initiates Marketing for $33 Billion CRE Loan Portfolio of Former Signature Bank	23-09-05	MT
US banks hold $3.3 trillion cash amid banking crisis, slowdown worries	23-09-05	RE
Hedge funds drop short trades on U.S. regional banks - Goldman	23-09-04	RE
S&P downgrades multiple US banks on growing liquidity worries	23-08-22	RE
FDIC launches sale of $18.5 bln of Signature Bank loans - Bloomberg News	23-07-28	RE
FDIC Reportedly Launches Sale of $18.5 Billion of Signature Bank Loans	23-07-28	CI
US FDIC calls on banks to fix 'inaccurate' financial statements	23-07-24	RE
US consumer watchdog warns no more 'rubber stamp' for bank mergers	23-07-20	RE
Twenty-four central banks will have digital currencies by 2030 - BIS survey	23-07-10	RE
Macro hedge funds down at half-year point, pin recovery hopes on central banks	23-06-30	RE
CORRECTED (OFFICIAL) -ANALYSIS-US hotel developers run out of cash as construction lending dries up	23-06-05	RE
U.S. banks saw record deposit declines in Q1 as profits remained steady: FDIC	23-05-31	RE
Sector Update: Financial Stocks Dropping Friday Afternoon	23-05-19	MT
US regional bank stocks fall after Yellen says more bank mergers necessary	23-05-19	RE
Overexposed US regional banks could sell commercial property loans	23-05-18	RE
Overexposed US regional banks could sell commercial property loans	23-05-17	RE
Analysis-Overexposed US regional banks could sell commercial property loans	23-05-17	RE
Volatile banking sector saw big moves from funds in first quarter	23-05-15	RE
US regional bank shares bounce as debt ceiling overshadows crisis	23-05-15	RE
Fed's Bowman calls for external review of Silicon Valley Bank oversight	23-05-12	RE
What is the FDIC's deposit insurance fund used to backstop failed banks?	23-05-11	RE

Signature Bank is a full-service commercial bank with over 38 private client offices located throughout the metropolitan New York area, as well as those in Connecticut, California and North Carolina. The Company operates through two segments: Commercial Banking and Specialty Finance. The Commercial Banking segment consists of commercial real estate lending, commercial and industrial lending, fund banking, venture banking, and other commercial deposit gathering activities. The Specialty Finance segment consists of financing and leasing products, including equipment, transportation, commercial marine, municipal and national franchise financing and/or leasing. The Company, through its subsidiary, Signature Financial, LLC (Signature Financial), offers financing and leasing products. The Company provides brokerage, asset management and insurance products and services through its subsidiary, Signature Securities Group Corporation (Signature Securities).

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