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Signature Bank
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Summary
location iconNew York, New York
company sizeCompany size: 1001-5000

Signature Bank (NASDAQ: SBNY) is a full-service commercial bank with 30 offices throughout the five boroughs of New York City, as well as Nassau, Suffolk, and Westchester counties in New York and Fairfield County in Connecticut. Banks focus is on serving the financial needs of privately owned businesses, their owners and senior managers–a group of clients who often find themselves underserved by the area’s larger financial institutions.

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Signature Bank - Recent News & Articles

20 banks that are sitting on huge potential securities losses—as was SVB

SVB Financial Group, decades-long focused on the venture capital industry, faced a perfect storm, but there are plenty of other banks that would face ...

Source: MarketWatch
The Fed has the proof it wants that inflation is slowing, but the next move is still up in the air

A week’s worth of inflation data showed that price pressures have eased substantially since their meteoric rise in 2021-22. Fed officials head into th...

Source: CNBC
Ally Financial warns of 'intensifying' credit challenges, shares slump

Ally Financial's credit challenges have intensified over the current quarter as borrowers struggled with high inflation, the consumer lender's finance...

Source: Reuters
One Year Since the FedNow Launch: What You Should Know

Launched in July 2023, the Federal Reserve's FedNow service has been a game-changer in the U.S. payments landscape. With over 900 financial institutio...

Source: Finextra
As Growth Sputters, Beijing Tries Again to Jolt China’s Economy

China’s central bank took new steps to shore up the country’s sputtering economy, highlighting officials’ growing anxiety about growth only days after...

Source: MSN
Futility Index

An Updated Measure of the U.S. Consumer

https://finance.yahoo.com/news/norinchukin-eyes-assets-including-clos-014942422.html

Norinchukin Bank will consider investing in a range of assets as it braces for massive losses on the sale of roughly 10 trillion yen ($63 billion) in ...

China's yuan is tumbling amid US sanctions and as central banks boost dollar holdings

China's yuan is in the midst of a steep decline as holders of the currency eye the risk of US sanctions. The value of the yuan slumped against Russia'...

Regional Banks Want to Slim Down. Hedge Funds Smell a Bargain.

Regional banks around the U.S. are striking complex and costly bargains with hedge funds, hoping to insulate themselves from a replay of the turmoil t...

Implications of the Expiration of the Petrodollar Agreement

Saudia Arabia No Longer Exclusively Selling Oil in US Dollars