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14 March 2023, 08:34 AM | #1 |
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Signature Bank and AP…
When purchasing my AP last year the wire directions were to send to Signature Bank in the NYC… that being said it’s safe to say that AP does their corporate/business banking in the US with Signature Bank…
- Given the recent news, how do you think this will affect AP operations moving forward in the US? - Will this slowdown operations/distribution in the US temporarily? I’m sure they have significant assets tied up with this bank. Sent from my iPhone using Tapatalk |
14 March 2023, 09:56 AM | #2 |
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Yellen already said all depositors will get their money back, as was the case with SVB
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14 March 2023, 09:59 AM | #3 |
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I'd be worried if I wired in Friday
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15 March 2023, 12:16 AM | #4 |
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They’ll be fine. Uninsured deposits are guaranteed.
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15 March 2023, 03:17 AM | #5 |
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So the old adage remains true. Owe 1M and YOU have a problem. Owe 100B and the government has a problem!!!
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15 March 2023, 04:57 AM | #6 |
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After this fiasco I was thinking more on the lines of AP moving their business banking to a more secure/larger institution. Causing some delay/disturbance with their finance department ultimately affecting some operations temporarily till sorted.
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15 March 2023, 07:00 AM | #7 |
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Just did a wire this morning to the boutique with no issues. Boutique verified receiving funds.
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15 March 2023, 07:03 AM | #8 |
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15 March 2023, 07:50 AM | #9 |
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15 March 2023, 08:00 AM | #10 |
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15 March 2023, 08:15 AM | #11 |
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15 March 2023, 10:14 AM | #12 | |
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Quote:
I wish any of the above was the case. Still waiting for those pieces. I ordered a green 15510 for my brother in law and it came in. APNA did send me a nice bottle of champagne for my birthday tho. lol.
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15 March 2023, 10:26 AM | #13 | |
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Nice congratulations to your bro and happy birthday- can you order me a 15510 blue dial ? I’ll wire to SVB immediately;) Sent from my iPhone using Tapatalk |
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15 March 2023, 02:50 PM | #14 | |
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Thanks! I know right?
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15 March 2023, 09:12 PM | #15 |
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ordering a green 15510 for your brother in law... you wanna have another brother
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16 March 2023, 01:53 AM | #16 |
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16 March 2023, 05:59 AM | #17 | |
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Just got it this morning. A pretty piece for sure! Don't tempt me....
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16 March 2023, 10:13 PM | #18 |
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It would probably be easier fro me to get a watch if I knew someone who previously was recognised from the brand
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16 March 2023, 10:16 PM | #19 |
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20 March 2023, 01:34 PM | #20 |
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20 March 2023, 02:00 PM | #21 |
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I had no issues. I think you should be fine. Just check with your boutique tomorrow to confirm.
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20 March 2023, 02:04 PM | #22 |
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20 March 2023, 02:05 PM | #23 |
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I signed a term sheet to borrow 500M in commercial backed toxic assets from Credit Suisse. Is the money still coming? Too soon? I kid, I kid. So first CS, then soon AP to cease to be independent. All clearly because AP dealt with Signature!
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21 March 2023, 02:44 AM | #24 |
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21 March 2023, 02:50 AM | #25 | |
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Quote:
They will ship it right away I'm sure, but I have no idea how long it takes to clear Canadian customs as I live in the states.
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