Signature Bank's Crypto Outflows More Than Made Up For by Growth in Core Deposits

Signature Bank’s Crypto Outflows More Than Made Up For by Growth in Core Deposits, Wedbush Says

– The deposits in digital currencies have declined by $4.3 billion.
– The decline was steeper than expected but not a surprise.
– The bank’s growth is not dependent on digital currency ecosystem growth.
– The firm’s exposure to the cryptocurrency ecosystem remains a headwind.

5VCZDMWVDVFJHKMHTZJ6RDEAT4 Signature Bank's Crypto Outflows More Than Made Up For by Growth in Core Deposits, Wedbush Says

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