Signature Bank

SBNY

US82669G1040

Delayed OTC Markets Other stock markets 17:34:08 17/07/2024 BST			5-day change	1st Jan Change
2.2 ^USD	-6.38%		+12.82%	+37.42%

2023	How a 5% US benchmark Treasury yield could further roil markets	RE
2023	Alecta board chair steps down with immediate effect	RE

Circle says $3.3 billion USDC reserve to be fully available on Monday

March 13, 2023 at 03:28 am

(Reuters) - U.S. cryptocurrency firm Circle said on Sunday its $3.3 billion USDC reserve deposit held at the collapsed Silicon Valley Bank will be fully available when U.S. banks open Monday.

"Circle's USDC operations will open for business, including with new automated settlement via our new partnership with Cross River Bank," Chief Executive Officer Jeremy Allaire said in a tweet.

(Reporting by Akriti Sharma in Bengaluru; Editing by Sonali Paul and Rashmi Aich)

Stocks mentioned in the article

	Add to a list Add to a list 0 selected To use this feature you must be a member Log in Sign up	Price	Change	5d. change	Capi.
	SIGNATURE BANK	2.2 USD	-6.38%	+12.82%	147M
	SVB FINANCIAL GROUP	0.022 USD	+4.76%	+10.00%	1.24M

Latest news about Signature Bank

How a 5% US benchmark Treasury yield could further roil markets	20/10/23	RE
Alecta board chair steps down with immediate effect	02/10/23	RE
Fixing oversight culture may be biggest challenge in averting future bank crises	20/09/23	RE
US looks to offload $13 bln of mortgage bonds seized from SVB, Signature - Bloomberg News	12/09/23	RE
FDIC Initiates Marketing for $33 Billion CRE Loan Portfolio of Former Signature Bank	05/09/23	MT
US banks hold $3.3 trillion cash amid banking crisis, slowdown worries	05/09/23	RE
Hedge funds drop short trades on U.S. regional banks - Goldman	04/09/23	RE
S&P downgrades multiple US banks on growing liquidity worries	22/08/23	RE
FDIC launches sale of $18.5 bln of Signature Bank loans - Bloomberg News	28/07/23	RE
FDIC Reportedly Launches Sale of $18.5 Billion of Signature Bank Loans	28/07/23	CI
US FDIC calls on banks to fix 'inaccurate' financial statements	24/07/23	RE
US consumer watchdog warns no more 'rubber stamp' for bank mergers	20/07/23	RE
Twenty-four central banks will have digital currencies by 2030 - BIS survey	10/07/23	RE
Macro hedge funds down at half-year point, pin recovery hopes on central banks	30/06/23	RE
CORRECTED (OFFICIAL) -ANALYSIS-US hotel developers run out of cash as construction lending dries up	05/06/23	RE
U.S. banks saw record deposit declines in Q1 as profits remained steady: FDIC	31/05/23	RE
Sector Update: Financial Stocks Dropping Friday Afternoon	19/05/23	MT
US regional bank stocks fall after Yellen says more bank mergers necessary	19/05/23	RE
Overexposed US regional banks could sell commercial property loans	18/05/23	RE
Overexposed US regional banks could sell commercial property loans	17/05/23	RE
Analysis-Overexposed US regional banks could sell commercial property loans	17/05/23	RE
Volatile banking sector saw big moves from funds in first quarter	15/05/23	RE
US regional bank shares bounce as debt ceiling overshadows crisis	15/05/23	RE
Fed's Bowman calls for external review of Silicon Valley Bank oversight	12/05/23	RE
What is the FDIC's deposit insurance fund used to backstop failed banks?	11/05/23	RE

Signature Bank is a full-service commercial bank with over 38 private client offices located throughout the metropolitan New York area, as well as those in Connecticut, California and North Carolina. The Company operates through two segments: Commercial Banking and Specialty Finance. The Commercial Banking segment consists of commercial real estate lending, commercial and industrial lending, fund banking, venture banking, and other commercial deposit gathering activities. The Specialty Finance segment consists of financing and leasing products, including equipment, transportation, commercial marine, municipal and national franchise financing and/or leasing. The Company, through its subsidiary, Signature Financial, LLC (Signature Financial), offers financing and leasing products. The Company provides brokerage, asset management and insurance products and services through its subsidiary, Signature Securities Group Corporation (Signature Securities).

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