Regulators close Signature bank, announce plan to make depositors whole – by anilpanchal7 RiskAppetite NewsTrading Banks Sentiment
eral Deposit Insurance Corp as receiver, the second bank failure in a matter of days,” reported Reuters.
The news also mentioned that the US Treasury Department along with other bank regulators said in a joint statement on Sunday that all depositors of Signature Bank will be made whole, and that"no losses will be borne by the taxpayer."Risk appetite improves If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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