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FDIC Gives Signature Bank’s Crypto Clients A Week to Shut Down Their Accounts

Crypto clients of collapsed lender Signature Bank have until April 5 to withdraw their money and close their accounts or risk losing it, the US Federal Deposit Insurance Corp (FDIC) has said. According to the regulator, the deposits in question were not part of the rescue deal arranged with Flagstar bank, a subsidiary of New […] дальше »

2023-3-31 14:14


U.S. Bank Regulators Investigating Leaders of the Failed Tech Banks

The Federal Deposit Insurance Corp. is investigating the actions of the leaders of Signature Bank and Silicon Valley Bank to hold them accountable for their collapses, said Chairman Martin Gruenberg, who detailed their mismanagement and dangerous business concentrations – especially in digital assets at Signature – in testimony prepared for a U.S. Senate hearing. дальше »

2023-3-28 21:46


Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits

Flagstar Bank — a subsidiary of New York Community Bancorp, Inc — will acquire Signature Bank, as per a press release sent out by the Federal Deposit Insurance Corporation (FDIC) on March 19. The post Flagstar Bank acquires Signature Bank – without $4B of ‘digital banking’ deposits appeared first on CryptoSlate. дальше »

2023-3-20 12:20


Signature Bank Buyers Have To Give Up All Crypto Businesses, Says FDIC

Amid the instability in the US banking sector, the United States Federal Deposit Insurance Corporation (FDIC) has reportedly now made a decision against the crypto industry. According to a report published on Wednesday evening, potential buyers of the crypto-friendly Signature bank can now submit their bids but with a major condition.  The report said buyers of […] дальше »

2023-3-17 22:30