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
APR 15, 2019 - 7:15 am
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
MAR 11, 2019 - 7:05 am
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
MAR 4, 2019 - 6:50 am
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
FEB 27, 2019 - 6:55 am
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
JAN 17, 2019 - 6:50 am
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
DEC 5, 2018 - 6:55 am
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
OCT 19, 2018 - 7:10 am
Signature Bank hired eight financial executives to join its Specialty Finance subsidiary and Asset-Based Lending business. read more
OCT 10, 2018 - 7:20 am
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
SEP 26, 2018 - 7:10 am
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
SEP 7, 2018 - 7:05 am
Signature Bank received approval from both the New York State Department of Financial Services and the FDIC to commence operations in California. read more
AUG 1, 2018 - 6:50 am
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
APR 20, 2018 - 7:01 am
Signature Bank appointed two veteran California-based banking executives to lead its new West Coast operations. read more
APR 17, 2018 - 6:55 am
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
OCT 20, 2017 - 6:54 am
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
JUL 19, 2017 - 7:23 am