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The Latest Breaking News from Signature Bank

Two Bank Failures Leave Wall Street On Edge Ahead Of Busy Economic Week

Wall Street is still grappling with the failure of SVB and Signature Bank as it also prepares for a busy week of economic data.

The Street

Banking shares slump despite U.S. assurances that deposits are safe

The declines come despite emergency measures by regulators to protect depositors at Silicon Valley Bank and Signature Bank and President Biden's remarks to reassure Americans.

WEKU

Bank Crisis: Bank Rally Slows; Moody's Targets These Banks For Downgrades

Financial rally turns mixed Tuesday following regulators move to contain the bank crisis. Moody's targets six banks for ratings downgrades.

Investors Business Daily

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Biden reassures bank customers and says the failed firms' leaders are fired

President Biden also said insiders and investors won't be bailed out, but that companies that used the bank will be able to pay their employees and bills.

WEKU

US regional banks remain under pressure as First Republic sinks

Turmoil continued to engulf shares in banks as investors rushed to reduce exposure to the banking industry after seeing equity stakes wiped out at Silicon Valley Bank and Signature Bank.

Tribune News Service

Biden raps 2018 bank changes, asks lawmakers to toughen rules - Roll Call

President Biden urged Congress to tighten regulations on the banking sector and criticized a bipartisan 2018 easing of capital rules.

Roll Call

US, UK Try to Stem Fallout from Silicon Valley Bank Collapse

Governments in the UK and US took extraordinary steps to stop a potential banking crisis after the historic failure of Silicon Valley Bank, even as another major bank was shut down. The UK Treasury and the Bank of England announced early Monday that they had facilitated the sale of Silicon…

Asharq Al-Awsat

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Biden will address the nation about the collapse of Silicon Valley Bank

While the Biden administration has no intentions of bailing out the bank, it has introduced emergency measures to protect the US economy and give bank clients access to their funds

The Independent UK

AP News Digest 3:30 a.m.

Here are the AP’s latest coverage plans, top stories and promotable content. All times EST. For up-to-the minute information on AP’s coverage, visit Coverage Plan.

The Independent UK

Banking system is 'safe', Biden assures Americans after SVB collapse

US President Joe Biden on Monday reassured Americans that their banking system is safe in the wake of the sudden collapse of Silicon Valley Bank (SVB) and the federal takeover of a second bank.

France 24

Signature Bank closed by New York regulators in SVB’s wake

Signature Bank was closed by New York state financial regulators on Sunday as the fallout from last week’s implosion of SVB Financial Group’s Silicon Valley Bank spreads to other lenders.

Tribune News Service

Biden says those behind SVB bank ‘mess’ will be held accountable

President Joe Biden said that he ordered the Treasury Department and his economic advisers to address the failures of Silicon Valley Bank and Signature Bank, adding that those responsible will be held accountable.

Tribune News Service

US, UK try to stem fallout from Silicon Valley Bank collapse

US President Joe Biden says banking regulations must be bolstered amid fallout that has rocked global financial markets.

Al Jazeera

Signature Bank takeover could leave crypto firms scrambling

The Treasury, Federal Reserve, and FDIC jointly announced that depositors would be made whole.

Fortune

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Axios

Signature Bank shut by regulators, noting systemic risk

Like Silicon Valley Bank, the firm's depositors will be made whole, officials say.

The Independent UK

Second bank closed as regulators say they will protect Silicon Valley Bank deposits at no cost to taxpayer

Signature Bank of New York shuttered as federal government moves to protect depositors

The Street

SVB Collapse: Federal Regulators Shut Down Signature Bank in New York

Another bank, Signature Bank in New York, was closed by federal regulators on Sunday, the second bank closure in three days.

Investors Business Daily

Silicon Valley Bank Panic Crashes 10 Bank Stocks — Is Yours OK?

The halt of trading shares of Silicon Valley Bank is setting off a cascade of selling throughout the financial sector.

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Investors Business Daily

Dow Jones Futures Fall With Market Rally Stuck At Key Levels; Tesla Extends Slide

The market rally is right at critical levels, though Nvidia and chips look strong Tesla extended Investor Day losses. Crypto bank Silvergate Capital is shutting down.

Fortune

The banking industry is turning its back on crypto, adding insult to injury for the reeling sector

Signature is the latest crypto bank to pull back its services.

Investors Business Daily

Get Ready To Buy Stocks Again This Month (Including These 11)

November already is known as the S&P 500's second-best month of the year. And this November, some stocks have even more power.

Investors Business Daily

10 Growth Stocks Analysts Say You'll Be Glad You Bought

Keeping a list of S&P 500 growth stocks you'd like to own is a good idea. And it might pay off sooner than you think.

The Street

JPMorgan Adds a Bank to its Top Stock List and Subtracts One

Each month, JPMorgan publishes a list of top stock ideas from its analysts.

StockNews.com

4 Big Bank Stocks to Stay Away From Right Now

Banks benefit from rising interest rates as they enjoy higher interest margins. However, not all bank stocks are well-positioned to capitalize on the rising interest rate environment. Despite the industry tailwinds, weak profitability, and higher-than-industry valuation of First Republic Bank (FRC), Signature Bank (SBNY), Webster Financial (WBS), and SVB Financial…

Benzinga

What 10 Analyst Ratings Have To Say About Signature Bank

Analysts have provided the following ratings for Signature Bank (NASDAQ:SBNY) within the last quarter:

1 … 9 10 11 12

People

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