Multiple Choice Questions on Which of these Banks recently closed by New York State Regulators ........ for IBPS (PO/SO) Preparation

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    Which of these Banks recently closed by New York State Regulators ?

    Wells Fargo

    Incorrect Answer

    U.S. Bancorp

    Incorrect Answer

    JPMorgan Chase

    Incorrect Answer

    Signature Bank

    Correct Answer
    Explanation:

    State regulators closed New York-based Signature Bank on Sunday, making it the third largest failure in U.S. banking history. Signature's failure followed Silicon Valley Bank's Friday shutdown.


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