Signature Bank Unveils Blockchain-Enabled Signet Platform

Signature Bank partnered with trueDigital to develop Signet, a new digital payments platform designed to enable real-time payments for the bank’s commercial clients.

Signature Launches Fund Banking Division, Byrne Named Head

Signature Bank launched its new Fund Banking Division, dedicated to providing financing and banking services to the private equity industry. Tom Byrne, named managing group director and head of the Fund Banking Division, will lead the bank’s nationwide platform.

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.

Signature Bank Adds Three Private Banking Teams

Signature Bank added three private client banking teams to its Manhattan and Long Island offices.

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

Signature Bank has been 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.

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.

Signature Bank California Expansion Approved

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

Signature Bank Q1/18 Earnings Hurt by Taxi Medallion Losses

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

Petitti & Knight to Launch Signature West Coast Office

Signature Bank appointed veteran California-based banking executives Joe Petitti and John Knight to lead its new West Coast operations.

Heartland Completes Acquisition of Signature

Heartland Financial completed its acquisition of Minnetonka, MN-based Signature Bancshares, with the latter’s wholly owned subsidiary Signature Bank merging immediately into Heartland’s subsidiary Minnesota Bank & Trust.