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Why regulators seized Signature Bank in third-biggest bank failure in U.S. history

Por: CNBC Tech March 14, 2023

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In this articlewatch nowVIDEO4:0404:04How Silicon Valley Bank and Signature Bank closures could hit other regionalsOn Friday, customers spooked by the of Silicon Valley Bank withdrew more than $10 billion in deposits, a board member told CNBC.That run on deposits quickly led to the third-largest in U.S. history. Regulators late Sunday that Signature was being taken over to protect its depositors and the stability of the U.S. financial system.The... + full article



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