Practically 1 / 4 of the New York-based financial institution’s $103 billion in complete deposits, or roughly 23.5%, got here from the crypto trade as of September 2022. However given the latest “points” within the house, Signature will scale back that quantity to below 20% and doubtlessly below 15% ultimately, Signature CEO DePaolo mentioned at a New York convention hosted by funding financial institution Goldman Sachs.

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