Almost 1 / 4 of the New York-based financial institution’s $103 billion in whole deposits, or roughly 23.5%, got here from the crypto business as of September 2022. However given the current “points” within the house, Signature will cut back that quantity to beneath 20% and probably beneath 15% ultimately, Signature CEO DePaolo stated at a New York convention hosted by funding financial institution Goldman Sachs.
