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Signature Bank’s Crypto Outflows Mitigated by Growth in Core Deposits, Wedbush Says

The bank’s spot deposits fell by $1.64 billion, driven by outflows in digital asset banking of $4.27 billion.

Updated May 11, 2023, 4:21 p.m. Published Sep 7, 2022, 2:34 p.m.
Signature Bank CEO Joseph DePaolo (Signature Bank)
Signature Bank CEO Joseph DePaolo (Signature Bank)