{"id":1875200,"date":"2023-03-12T18:58:30","date_gmt":"2023-03-12T22:58:30","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/regulators-close-signature-bank-announce-plan-to-make-depositors-whole\/"},"modified":"2023-03-12T19:03:28","modified_gmt":"2023-03-12T23:03:28","slug":"regulators-close-signature-bank-announce-plan-to-make-depositors-whole","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/regulators-close-signature-bank-announce-plan-to-make-depositors-whole\/","title":{"rendered":"Regulators close Signature bank, announce plan to make depositors whole"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fregulators-close-signature-bank-announce-plan-to-make-depositors-whole%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1875200&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p> <br \/>\n<?xml encoding=\"utf-8\" ?><\/p>\n<div class=\"entry-content\">\n<p>By Hannah Lang<\/p>\n<p>(Reuters) -The New York State Department of Financial Services announced Sunday that it had taken control of Signature Bank in New York and named the U.S. Federal Deposit Insurance Corp receiver. This was the second bank failure in a matter of hours. <\/p>\n<div id=\"div-gpt-ad-1663871513696-art-1\" style=\"min-width: 320px; min-height: 50px;  text-align: center;\">  \t<script>  \t\tgoogletag.cmd.push(function() { googletag.display('div-gpt-ad-1663871513696-art-1'); });  \t<\/script>  <\/div>\n<\/p>\n<p>Signature Bank had deposits amounting to $88.59 billion at Dec. 31, according the department in a statement. <\/p>\n<p>Signature Bank didn&#8217;t immediately respond to our request for comment. <\/p>\n<p>In a joint statement, the U.S. Treasury Department and other regulators stated that Signature Bank depositors will be compensated. &#8220;no losses will be borne by the taxpayer.&#8221; <\/p>\n<p> (Reporting by Hannah Lang, Washington; Editing By Leslie Adler &#038; Lisa Shumaker).<\/p>\n<p><a href=\"https:\/\/www.oann.com\/uncategorized\/regulators-close-signature-bank\/attachment\/a-worker-arrives-to-the-signature-bank-hq-in-new\/\"><\/a><\/p>\n<\/p><\/div>\n<p><\/p>\n<hr>\n<p>&#8220;From <a href=\"https:\/\/www.oann.com\/business\/regulators-close-signature-bank\/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=regulators-close-signature-bank\">Regulators close Signature bank and announce plan for making depositors whole<\/a>&#8221;<\/p>\n<hr>\n<p><span style=\"font-size:11px\"><em>&#8220;The views and opinions expressed here are solely those of the author of the article and not necessarily shared or endorsed by Conservative News Daily&#8221;<\/em><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Hannah Lang (Reuters) -The New York State Department of Financial Services announced Sunday that it had taken control of Signature Bank in New York and named the U.S. Federal Deposit Insurance Corp receiver. This was the second bank failure in a matter of hours. Signature Bank had deposits amounting to $88.59 billion at Dec. &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1889956,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","fifu_image_alt":"","footnotes":""},"categories":[542],"tags":[5373,5437,21390,4025,9830,21417],"class_list":["post-1875200","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-oann","tag-bank","tag-close","tag-depositors","tag-plan","tag-regulators","tag-signature"],"fifu_image_url":"https:\/\/cndimages.nyc3.digitaloceanspaces.com\/breaking-news\/wp-content\/uploads\/2021\/01\/IMG_2758-scaled-1.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875200","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1875200"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1875200\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/1889956"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1875200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1875200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1875200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}