The Latest Breaking News from Signature Bank

The recent failures of a trio of midsize banks has once again raised questions on whether executive compensation is tilted toward short-term gains rather than companies' long-term health

This year's banking collapses have some striking parallels with the thousands of small bank failures that dotted the 1930s.

He also revealed he is now refusing to invest any money into companies keeping cash with regional lenders.

After the spectacular, multi-billion collapse of Silicon Valley Bank (SVB) on March 10, 2023, federal regulators wasted no time taking action with other banks in distress. Less than 48 hours after SVB failed, after witnessing a large run on customer deposits, Signature Bank was closed by the New ...

Protecting the assets of Silicon Valley Bank and Signature Bank avoided what Warren Buffett, CEO of Berkshire Hathaway, said would have been a "catastrophic" scenario on the banking system.

U.S. officials said they were monitoring the banking sector for signs of fraud back in March.

PacWest and Western Alliance were among the smaller lenders that saw shares tumble even as the banks sought to reassure their customers and investors..

Bill Ackman, Nelson Peltz, and Jeffrey Gundlach all think the Fed is wrong about the banking system.

"The bank has not experienced out-of-the-ordinary deposit flows following the sale of First Republic Bank and other news," PacWest said.