It’s almost an eerie coincidence. Nearly three years to the day that the World Health Organization declared the novel Coronavirus a global pandemic, Silicon Valley...
Regulators have closed down crypto-friendly lender Signature Bank in an attempt to stave off a banking crisis. The Federal Reserve, Federal Deposit Insurance Corporation (FDIC)...
Signature Bank has named a new chief executive following a stretch of cryptocurrency-related headaches. Joseph DePaolo, the bank’s longtime president and CEO, will move into...
Signature Bank is facing a federal lawsuit for its role in the collapse of FTX. The lawsuit, filed Monday (Feb. 6) by trading firm Statistica Capital, says the...
Signature Bank has reportedly placed a new threshold on the cryptocurrency transactions it will handle. According to crypto exchange Binance, the bank will stop supporting...
Two cryptocurrency-sector banks have turned to the federal mortgage system to ease customer withdrawals. Silvergate Capital and Signature Bank have borrowed billions from Federal Home...
This year’s crypto winter has begun to impact banks that deal with digital assets. That’s according to a recent report by S&P Global, which said...
Two senators are asking regulators about links between banks and cryptocurrency firms. In letters sent Wednesday (Dec. 7) to the heads of the Federal Reserve...
Signature Bank is reportedly reducing its cryptocurrency exposure after having courted the industry. The Financial Times reported Tuesday (Dec. 6) that while 23% of the...