New York-based Signature Bank, with $110.36 billion in assets, has become the third largest bank failure in US history, following the recent collapse of Silicon Valley Bank, but depositors of both banks will be made whole and no losses will be borne by the taxpayer.
HSBC has agreed to acquire the UK arm of Silicon Valley Bank for a nominal fee of £1, following the collapse of the bank due to its specialization in lending to technology companies.
Eight people were killed when two suspected smuggling boats overturned off the coast San Diego, and crews are searching Sunday for seven additional victims, authorities said.
A new report from the Associated Press indicates that many American teens have become disillusioned with college and have opted to skip it in favor of going to trade school or working a job that does not require an undergraduate degree.
Texas officials strongly advise against taking a trip south of the border for spring break this year, urging Texans to avoid travel to Mexico for the popular travel period and beyond
