Signature Bank Related Content

Signature Bank Forms National Venture Banking Group

Signature Bank has formed a national Venture Banking Group to focus on serving venture capital firms and the portfolio companies in which they invest. read more

Signature Financial Hires Two, Promotes Six

Signature Bank appointed Ketih Connors to vice president, capital markets and Nick Cremonese to account officer, National Third-Party Intermediaries, a newly created position. It also promoted six capital markets and equipment finance professionals. read more

Signature Bank Ranked #2 in Three Categories in NLJ “Best Of” Survey

Signature Bank was ranked second in the U.S. in three categories of the National Law Journal’s eighth annual readers’ poll on the best providers of services and goods to the legal profession. read more

Signature Bank Opens San Francisco Flagship Financial Center

Signature Bank opened its first financial center on the West Coast in downtown San Francisco in the heart of the city’s financial district. read more

Signature 2018 Earnings Up 30.5% Y/Y

Signature Bank reported 2018 net income of $505.3 million, up from $387.2 million in 2017, an increase of $118.1 million, or 30.5%. read more

Signature Bank Receives Regulatory Approval for Blockchain Solution

Signature Bank unveiled a new digital payments platform that will leverage blockchain technology. New York State regulators have approved the platform for use and deposits made through it will be FDIC insured. read more

Signature Bank Q3 Earnings Up on Higher Interest, Lower Charges

Signature Bank said its net income for Q3/18 was $155.4 million, up 24.8% from $124.5 million a year earlier. The year/year increase was due to an increase in net interest income and a decrease in the provision for loan losses. read more

Signature Adds Eight Financial Execs to Specialty Finance & ABL Groups

Signature Bank hired eight financial executives to join its Specialty Finance subsidiary and Asset-Based Lending business. read more

Signature Tops in Three Categories of NY Law Journal’s ‘Best Of’ Survey

Signature Bank was named Best Business Bank, Best Private Bank and Best Attorney Escrow Services provider by the New York Law Journal in its ninth annual survey of the New York legal community. read more

Signature Expands San Francisco Banking Office

Signature Bank expanded its new San Francisco office with the addition of two private banking teams. Dale Zeigler and Sumiko Sheaffer were each named group director, SVP and will lead their own teams. read more

Signature Bank Receives Approval to Commence Operations in California

Signature Bank received approval from both the New York State Department of Financial Services and the FDIC to commence operations in California. read more

Signature Bank Q1/18 Performance Hurt by Taxi Medallion Losses

Signature Bank said Q1/18 net income of $34.5 million was down from $133.9 million for the same quarter a year earlier. The bank said the decrease was due to write-downs for the tax medallion portfolio. read more

Signature Appoints Veteran Bankers to Head West Coast Operations

Signature Bank appointed two veteran California-based banking executives to lead its new West Coast operations. read more

Signature Bank Back on Track after Taxi Medallion Episode

Signature Bank reported Q3/17 net income was $124.5 million versus $76.1 million in the same 2016 quarter, which included $61.7 million of provision expense for the Chicago taxi medallion portfolio. read more

Signature Bank Q2 Earnings Suffer on Taxi Medallion Loan Losses

Signature Bank reported Q2/17 net income was $14.0 million compared to $102.2 million in Q2/16. The bank noted the decline resulted from an increase of $154.3 million in loan losses nearly all attributable to the NYC taxi medallion portfolio. read more

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