“Signature Bank is a New York state-chartered commercial bank and is FDIC-insured, with total assets of approximately $110.36 billion and total deposits of approximately $88.59 billion as of December 31, 2022,” the statement said. “DFS is close contact with all regulated entities in light of market events, monitoring market trends, and collaborating closely with other state and federal regulators to protect consumers, ensure the health of the entities we regulate, and preserve the stability of the global financial system.”
Trending
Sam Bankman-Fried’s Mother and Brother Not Cooperating With Financial Probe, FTX...
The crypto exchange wants to question its founder’s family as it seeks to locate allegedly misappropriated funds
Source link