Signature Bank in New York went under on Sunday. Other lenders also named Signature Bank are scrambling to let customers know they're still open for business.

Tue, 03/14/2023 - 03:42

A woman leaves a branch of Signature Bank in New York, Monday, March 13, 2023. — Signature Bank, New York, was shut down by regulators on Sunday.
Seth Wenig/Associated Press

Lenders named Signature Bank in various US states are clarifying they are not related to their failed New York namesake.
Signature Bank, New York was shut down by regulators on Sunday amid the banking crisis.
The SVC Bank in India also clarified it is not related to the failed Silicon Valley Bank, or SVB.

Lenders with names similar to two recently collapsed US banks are scrambling to reassure customers that they are not related to their failed financial institution namesakes.