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2023

7 points: What caused the sinking of Signature Bank?

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Signature Bank had total assets of about $110.36 billion and total deposits of roughly $88.59 billion as of December 31. While a run on the bank triggered the collapse of Silicon Valley Bank, Silvergate Capital wound down due to its dealings with the controversial FTX operated by Sam Bankman-Fried. But what led to the sinking of Signature Bank?














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