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Regulators shut down Signature Bank two days after Silicon Valley Bank collapse

By Emily Jacobs
Published March 13, 2023 1:10am ET
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Regulators shut down Signature Bank two days after Silicon Valley Bank collapse
Federal and state banking regulators announced Sunday that Signature Bank, one of the main financial institutions for cryptocurrency firms, had been shut down. The decision to shutter the New York-based bank was revealed in a joint statement from the Federal Reserve, Treasury Department, and Federal Deposit Insurance Corporation. The trio said the FDIC would make […]


Federal and state banking regulators announced Sunday that Signature Bank, one of the main financial institutions for cryptocurrency firms, had been shut down.

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