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New York-based commercial bank Signature Bank is closed down after a bank run on its deposits, and is taken

into receivership by the Federal Deposit Insurance Corporation.

Published March 12, 2023· Updated October 28, 2026·1 min read

Context: Collapse of Signature Bank.

New York-based commercial bank Signature Bank is closed down after a bank run on its deposits, and is taken into receivership by the Federal Deposit Insurance Corporation.

Event summary via Wikipedia Current Events (2023-03-12).