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Signature Bank
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.
Signature Bank’s Q3 Deposits Grow by $10B to $95.57B
Q3 net income increased to $241.4M from $138.6M during the same period last year.
Another US Bank Joins the Small List Willing to Serve Crypto Companies
Customers Bank is working with blockchain payments provider Tassat to offer real-time tokenized dollar transfers in addition to accounts for crypto firms.
BankProv Launches Payments Network for Crypto Customers
The network will compete with the Silvergate Exchange Network and Signature’s Signet in the 24/7 real-time payments market.
Signature Bank Adds $6.3B in Deposits from Digital Asset Customers
The figure compares with growth of $3.77 billion in the first quarter.
Signature Bank Taps Tether Rival TrueUSD for Payments Platform
CoinDesk’s Nikhilesh De reacts to New York-based Signature Bank adding stablecoin TrueUSD into its blockchain-based payments platform and discusses how TUSD compares to Tether. Review of this week’s congressional hearings on crypto and looking ahead to FATF’s plenary meeting on Monday.
Signature Bank Taps Tether Rival TrueUSD for Payments Platform
Signet is a real-time payments platform built on the Ethereum blockchain.
Signature Bank Goes Head-to-Head With Silvergate in Bitcoin-Backed Lending
Signature’s CEO said on an earnings call Wednesday the bank wants it to be a “no-loss business.”
Signature Bank Added $3.8B in Non-Interest Bearing Deposits in Q1
These deposits are seen as a proxy for growth among crypto-industry clients.
Circle Adds Signature as a Banking Partner
The partnership will allow for future integrations of Circle products and services within the bank.
