Moody's cut the credit rating of New York Community Bancorp, which acquired Signature Bank, two notches to junk, citing "financial, risk-management and governance challenges." - Signature Bank's Apartment Loans Selling at a Steep Discount
Signature Bank
Signature Bank is a company. It is located in New York, the United States and was founded in 2001. The company is part of the Financials sector, specifically in the Banks industry.
Key facts
- city: New York
- state: NY
- country: United States
- sector: Financials
- industry: Banks
- foundation year: 2001
- CEO: Joseph John DePaolo
- CEO gender: Male
Classified as: organization
Business
Signature Bank is one of the companies in the United States, companies in Banks, companies in Financials and 3,466,499 companies in our database.
- Assets: 118.4B $
- Debt: 2.6B $
- Employees: 1,854 people
- Market cap: 10.9B $
- Profits: 918.4M $
- Revenues: 2.4B $
Stocks from Signature Bank:
Talking Points:
- A Single Point Of Contact
- From personalized banking and credit services, to powerful cash management systems and flexible financing for businesses, Signature Bank stands alone in its ability to offer the service and responsiveness one would expect to find at a small bank–while featuring the reach, experience, knowledge and capabilities of a big bank.
- One of Forbes' BEST BANKS IN AMERICA 2011-2021 | Signature Bank® was created to provide talented, passionate, and dedicated financial professionals a supportive environment in which they can conduct their practice to the maximum benefit of their clients. The result is a special feeling clients associate with Signature Bank professionals and ...
- Signature Bank provides commercial banking products and services. It accepts various deposit products, including checking accounts, money market accounts, escrow deposit accounts, cash concentration accounts, certificates of deposit, and other cash management products. The company provides various lending products comprising commercial and industrial loans, real estate loans, and letters of credit. In addition, it offers asset management and investment products; and retirement products, such as individual retirement accounts and administrative services for retirement vehicles. Further, the company provides wealth management services to its high net worth personal clients; and purchases, sells, and assembles small business administration loans and pools. Additionally, it offers individual and group insurance products, including health, life, disability, and long-term care insurance products for business and private clients. As of December 31, 2021, the company operated 37 private client offices located in the metropolitan New York area, Connecticut, California, and North Carolina. Signature Bank was incorporated in 2000 and is headquartered in New York, New York.
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