Is Credit Suisse the Next Banking Domino?
The Breakdown
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Signature Bank Seizures a Cryptocurrency Bank
NYDF's superintendent Adrian Harris on Monday said, quote, signature bank has a broad depositor base. This is not about a particular sector in the cases of signature bank, but we moved quickly to make sure depositors were protected. According to Bloomberg reporting, signature saw pretty significant withdrawals on Friday that totaled around 20% of the bank's depositorbase.
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