Tag: Signature Bank acquisition

The U.S. Federal Deposit Insurance Corp. (FDIC) has notified the crypto-focused clients of collapsed Signature Bank that they have until April 5 to move their funds and close their accounts with the bank. Signature was closed by regulators in early March after clients withdrew more...

New York Community Bank (NYCB) has made a deal with Federal Deposit Insurance Corporation (FDIC) to acquire most of the recently-collapsed Signature Bank. According to the terms of the deal, NYCB will complete the acquisition through its subsidiary Flagstar Bank. The news comes after...

Bill Ackman, billionaire investor and CEO Pershing Square, caused a real commotion on the finance part of Twitter on Friday by claiming that Bank of America is going to buy Signature Bank. According to Ackman, the deal is set to be concluded on Monday. Signature Bank...