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Anonymous ID: d0d149 March 12, 2023, 4:10 p.m. No.18494842   🗄️.is 🔗kun   >>4864 >>5046 >>5203 >>5328 >>5333

https://www.reuters.com/business/finance/new-york-state-regulators-close-signature-bank-2023-03-12/

 

1 minute readMarch 12, 20235:43 PM CDTLast Updated 2 min ago

Regulators close Signature bank, plan to make depositors whole

Anonymous ID: d0d149 March 12, 2023, 4:54 p.m. No.18495196   🗄️.is 🔗kun   >>5203 >>5328 >>5333

FIRE

 

<U.S. DEPARTMENT OF THE TREASURY

 

Joint Statement by the Department of the Treasury, Federal Reserve, and FDIC

March 12, 2023

WASHINGTON, DC – The following statement was released by Secretary of the Treasury Janet L. Yellen, Federal Reserve Board Chair Jerome H. Powell, and FDIC Chairman Martin J. Gruenberg:

 

Today we are taking decisive actions to protect the U.S. economy by strengthening public confidence in our banking system. This step will ensure that the U.S. banking system continues to perform its vital roles of protecting deposits and providing access to credit to households and businesses in a manner that promotes strong and sustainable economic growth.

 

MOAR:

https://home.treasury.gov/news/press-releases/jy1337