Signature Bank Failed Because of Mismanagement, Contagion, FDIC Report Says

The federal banking regulator said Signature’s exposure to crypto industry deposits was also a contributing factor to its failure.

Source: https://www.coindesk.com/policy/2023/04/28/signature-bank-failed-because-of-mismanagement-contagion-fdic-report-says/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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