Signature Bank Music Videos Show Employees Singing About Profits – Bloomberg

The scene cuts to a theater stage. “What possible fate will become of our bank?” a chorus belts. “Other than to diminish and fail?”

Chairman Scott Shay pops up, shaking his head. “I happen to know for a fact that won’t happen.”

It did happen. On Sunday, the third-biggest failure in US banking history marked the downfall of a group of outer-borough, blue-collar bankers who leaped into the crypto business in recent years and saw depositors flee. But long before then, Signature had been unlike any other in New York’s finance industry. The 2016 video, which shows employees doing a synchronized dance inside cubicles, is just one of several.

Shay had no comment and the bank didn’t immediately respond to a request for one.

Another clip, made for the bank’s 10th anniversary a decade ago, begins with the cash-register sound effects from Pink Floyd’s “Money.” Then a man in a Viking outfit buys a hotdog. Women in red bowties ride an elevator that opens onto a bank office. A child uses a sword to strike a printer that spits out, letter by letter, the bank’s name.

Source: Signature Bank Music Videos Show Employees Singing About Profits – Bloomberg