SBNY News and Press, Signature Bank From 03/09/23

2023-03-09 17:52:19 ET Entrenched concerns about the Federal Reserve weighed on stocks again on Thursday, as the major U.S. equity averages resumed losses seen earlier in the week. With investors looking ahead to Friday's monthly employment report, the S&P 500 dropped 1.9%. Financia...

2023-03-09 11:01:00 ET The Nasdaq Composite (NASDAQINDEX: ^IXIC) got off to a solid start on Thursday morning, picking up about half a percent in early trading. However, it was a tough day for a pair of Nasdaq-listed bank stocks, whose shares fell sharply in part because of the anno...

2023-03-09 09:51:15 ET Bitcoin ( BTC-USD ) fell to ~$21.6K, its lowest in more than three weeks, as Silvergate Capital's ( SI ) plans to liquidate pushed the cryptocurrency market into yet another spiral amid growing fears that more fallout could be expected. The to...

Signature Bank Announces Buyback of Common Shares Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today updated financial figures as of March 8, 2023 and reiterated its strong, well-diversified financial position and limited digital-asset rel...

2023-03-09 08:45:20 ET Silvergate Capital SI -36% on plans to wind down operations, liquidate Silvergate Bank . SVB Financial SIVB -28% on $1.25B stock offering, $500M depositary share offering . Arhaus ARHS -11% on Q4 earnings release . Altamira Th...

2023-03-09 01:45:53 ET Summary Signature Bank is a full-service commercial bank that was established in 2001 in New York City. As of late Signature has been associated with the crypto space, which has resulted in increased volatility in its share price. Fundamentally the bank ...

Boston, Massachusetts--(Newsfile Corp. - March 6, 2023) - Block & Leviton is investigating Signature Bank (NASDAQ: SBNY) for potential securities law violations. Investors who have lost money in their Signature Bank investment should contact the firm to learn more about how they might recov...

Signature Bank ( NASDAQ: SBNY ) on Thursday issued a mid-Q1 financial update , with its spot deposit balances lower by ~$826M, driven by continued decline in cryptocurrency client related deposits. This is in line with its shift in strategy as the bank limits its crypto d...

Signature Bank (Nasdaq: SBNY), a New York-based, full-service commercial bank, announced today that it issued a mid-quarter financial update for its fiscal year 2023 first quarter. The mid-quarter financial update can be found in the investor relations section of the Bank’s web site ...

Cryptocurrency financial services firm Galaxy Digital ( OTCPK:BRPHF ) and stablecoin issuer Paxos Trust Company will stop accepting or initiating payments via Silvergate Capital ( NYSE: SI ), as the crypto-focused bank assesses whether it has the ability to continue as a going con...