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#diversified
mahmud552
@mahmud552 in Status·2 years ago

#Signature Bank was more #diversified than Silvergate Bank or SVB

mahmud552
@mahmud552 in Status·2 years ago

#According to some analysts, Signature Bank was able to weather the storm caused by the FTX collapse because its depositories were much more #diversified than the likes of Silvergate Bank, with only 25% of its deposits coming from crypto.

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