"The Federal Reserve Board on Sunday announced it will make available additional funding to eligible depository institutions to help assure banks have the ability to meet the needs of all their depositors."
Interesting, they are expecting a run? I wonder how much they are floating.
According to CNBC, "Signature is one of the main banks to the cryptocurrency industry. As of Dec. 31, Signature had $110.4 billion in total assets and $88.6 billion in total deposits, according to a securities filing."
Lee Fang reported, "The bank that was just closed, Signature Bank, is the one that Barney Frank joined after retiring from Congress."
Interesting, they are expecting a run? I wonder how much they are floating.