“Signature Financial institution is a New York state-chartered business financial institution and is FDIC-insured, with complete property of roughly $110.36 billion and complete deposits of roughly $88.59 billion as of December 31, 2022,” Harris’ assertion stated. “DFS is shut contact with all regulated entities in gentle of market occasions, monitoring market traits, and collaborating carefully with different state and federal regulators to guard shoppers, make sure the well being of the entities we regulate, and protect the soundness of the worldwide monetary system.”
