Seeking Alpha

Signature Bank: When Preferred Equity Goes To Zero

Last night the New York state's Department of Financial Services took over Signature Bank. The regulator created a new entity, Signature Bridge Bank, which will hold Signature Bank's assets of $110.4B ...
JD Supra

SVB and Signature Bank Resolution – CFTC-Related Implications

Many of the transactions involving qualified financial contracts (“QFC”) with Silicon Valley Bank (“SVB”) and Signature Bank constitute Commodity Futures Trading Commission (“CFTC”) jurisdictional ...
Seeking Alpha

First Republic: When Preferred Equity Goes To Zero, Part 2

The First Republic preferred shares are down over -70% in the past week. Regulators are set to restructure FRC this weekend, either by taking it into receivership or creating a new bridge bank entity ...