#SignatureBank

⚯ Michel de Cryptadamus ⚯cryptadamist@universeodon.com
2025-03-11

New paper from #Yale and the #FederalReserve blames the 2023 banking crisis on (you guessed it) #crypto and Nerd Reich #VCs.

> "A clearer commonality between the six banks [that failed], the paper argues, is their exposure to risky depositor bases that other banks shied away from: #crypto firms and [tech] venture capitalists."

* American Banker: americanbanker.com/news/new-pa
* Paper: chicagofed.org/publications/wo

#SiliconValleyCalif #SVB #SBNY #SignatureBank #FirstRepublic #a16z #Broligarchs #NerdReich #uspol #banking #finreg #Silvergate

⚯ Michel de Cryptadamus ⚯cryptadamist@universeodon.com
2025-01-28

@GottaLaff @KimPerales ivanka was even on the board of #SignatureBank, no doubt because of her financial acumen.

also not to be a dick but anyone like #Maddow doing political commentary in 2025 who "doesn't know what the #FDIC ever did to these people" is not even minimally informed about the events in the world around them and should probably not be doing political commentary. $0.02.

nytimes.com/2018/07/23/busines

#IvankaTrump #uspol #Trump

⚯ Michel de Cryptadamus ⚯cryptadamist@universeodon.com
2025-01-28

@GottaLaff @KimPerales (#SignatureBank was also the #Trump and #Kushner family bank)

⚯ Michel de Cryptadamus ⚯cryptadamist@universeodon.com
2025-01-28

@GottaLaff the crypto bros are big mad about the collapse of #Silvergate and Signature banks (AKA "the big crypto banks"). the conspiracy theory they have about the #FDIC is called "Operation Chokepoint 2.0" if you want to look into it.

(the reality is that Silvergate and Signature banks were massive money laundering hubs, moving literally trillions of dollars a year in untracked funds outside of all money laundering regulations. they were both intimately connected to #FTX)

cc @KimPerales ICYMI

i published this 4 months before Signature Bank collapsed: cryptadamus.substack.com/p/sig

#SBNY #SI #SignatureBank #Crypto #OperationChokepoint #OperationChokepoint2

2023-12-22

Signature Bank Portfolio Sold in Two Deals That Could Preserve Affordable Housing
The City - December 20, 2023

“The two deals will manage loans covering more than 2,000 apartment buildings and 70,000 rent-controlled or rent-stabilized units in every borough but Staten Island.”

thecity.nyc/2023/12/20/signatu

#RealEstate #CRE #SignatureBank #AffordableHousing
@realestate@a.gup.pe @realestate@chirp.social
@THECITY

2023-11-08

Signature Loan Sale Likely to Lower Commercial-Property Values
The Wall Street Journal - November 7, 2023

“Most of Signature’s loans are performing. Nevertheless, the FDIC and Newmark Group, the real-estate firm running the sale, are going to have to sell them at discounts partly because they were made when interest rates were a lot lower than today.”

wsj.com/real-estate/commercial

#RealEstate #CRE #Multifamily #SignatureBank #WSJ
@realestate@a.gup.pe @realestate@chirp.social

Teene Zahidteenezahid
2023-09-15

-2:
@federalreserve losses=#USD~100b+ & counting!
@FDICgov liabilities=#USD~15b+ & counting!
Given @ubs' less-than-stellar numbers post-, what are the prospects of:-
@Hsbc (post-)
@flagstar (post-)
@JPMorgan (post-)

2023-06-08

#binance #crypto exchange commingled US and foreign funds by transferring them through accounts at now defunct #silvergate bank and #signaturebank

finance.yahoo.com/news/binance

UST yields declined sharply following the #SiliconValleyBank and #SignatureBank failures, particularly for shorter-maturity securities, reports @federalreserve cutt.ly/u6pJc25

2023-04-29

#FDIC Releases Report Detailing #Supervision of the Former #SignatureBank, New York, New York fdic.gov/news/press-releases/2 This detailed analysis identifies clearly that “the root cause of [Signature Bank’s] failure was poor management. [Signature Bank’s] board of directors and management pursued rapid, unrestrained growth without developing and maintaining adequate #riskmanagement practices and controls appropriate for the size, complexity and risk profile of the institution. #FinancialStability

2023-04-26

🇺🇸#SUA. Acțiunile 🏦#FirstRepublic Bank s-au prăbușit în ședința de ieri cu 49%, după o retragere masivă de depozite. Temeri că ar putea avea un scenariu asemănător cu cel al colapsului 🏦#SignatureBank și 🏦#SiliconValleyBank.

🔗 biziday.ro/?p=247355

#News #Știri

2023-04-25

🚨#BREAKING: Share price of First Republic Bank has plummeted by over 50% due to a loss of more than $100 billion in customer deposits.

First Republic Bank's stock plunged on Tuesday after it said depositors withdrew more than $100 billion during last month's crisis, with fears swirling that it could be the third bank to fail after the collapse of Silicon Valley Bank and Signature Bank.

#FirstRepublicBank
#SiliconValleyBank
#SignatureBank
#LockharTVMedia

Global regulators consider wider net to catch smaller US #bank—The demise of #SiliconValleyBank and #SignatureBank fuels concerns that existing focus on largest lenders is outdated, chart @FT cutt.ly/k7MgO1S

Public Bank East Baypublicbankeastbay@sfba.social
2023-04-15

The collapse of #SiliconValleyBank left low-income communities without billions in promised lending, despite the federal bailout that benefited the bank's wealthy depositors and new owner.

We need #PublicBanksNow

#BankingCrisis #PublicBanks
#PublicBank #PublicBanking #SVB #SignatureBank
levernews.com/regulators-stiff

Silicon Valley Bank (AP Photo/Steven Senne)
⚯ Michel de Cryptadamus ⚯cryptadamist@universeodon.com
2023-04-07

🚨Ω🚨
#CustomersBank AKA #CUBI is on a mission to relive the Savings & Loan crisis of the 1980s... They're trying to keep their deposit base high enough to stay solvent by hiking the interest rates they pay but that means ballooning costs.

Worth noting that #CUBI is one of the last #crypto friendly banks in the United States... basically a mini-me of #SignatureBank / #SBNY. Will meet the same fate.

(h/t this guy twitter.com/RhoRider/status/16)

2023-04-06

In the wake of the recent failures of SVB and #SignatureBank, #Wolters Kluwer Legal & Regulatory U.S. has launched a new resource that provides a collection of #guides and #checklists to help companies avoid a #bankfailure and take action when a failure occurs, as well as a tracker to follow related #lawsuits and #investigations. The # BankFailures #Toolkit is free for anyone to access through WK’s website. wolterskluwer.com/en/solutions #legalresearch #finance #FinancialStability

2023-04-05

🧵“So who does Dimon blame for the collapse of Silicon Valley Bank, Signature Bank, and Credit Suisse? Well, not the banks, exactly. Nor their panicky, wealthy depositors, either.” 1/ #JaimeDimon #SVB #SiliconValleyBank #SignatureBank #CreditSuisse thedailyupside.com/jamie-dimon

2023-04-05

🚨⚠️Tether operava amb bancs nord-americans a través de bancs a Bahames, però la #stablecoin $USDT no va fer fallir, ni estava exposada a #Signaturebank

beincrypto.com/tether-influenc

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