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

Signature Financial added Mark Murray, Dave Walter and Jason Wright to its equipment leasing and lending business and Devin Steele to its franchise finance business line. read more

APR 24, 2017 - 7:18 am

Signature Bank hired former American Chartered Bank and MB Financial veteran David Duxbury as senior vice president of its commercial lending team. read more

APR 11, 2017 - 7:20 am

Signature Bank was named Best Commercial Bank of the Year in the U.S. in the International Banker 2017 North and South American awards. read more

MAR 31, 2017 - 7:29 am

Signature Bank was named Best Business Bank by the New York Law Journal in the publication’s seventh annual reader survey. It also ranked second in the Best Private Bank and Best Attorney Escrow Services categories. read more

SEP 22, 2016 - 6:28 am

Signature Bank announced Q2/16 net income of $102.2 million was up 13% from $90.5 million a year earlier. The bank noted a 270% increase in its provision charges primarily due to additional reserves for Chicago taxi medallion loans. read more

JUL 21, 2016 - 6:50 am