11-03-2023 01:32 via coinjournal.net

Pro: SVB collapse may put this crypto bank in a stronger position

FDIC closed Silicon Valley Bank today and took control of its deposits.
Austin Campbell says it could actually be a benefit for Signature Bank.
Shares of Signature Bank ended more than 20% down on Friday.Shares of Signature Bank (NYSE: SBNY) ended more than 20% down today following the collapse of its crypto banking peer SVB Financial.
SVB marks one of the largest U.S. bank failures
On Friday, the Federal Deposit Insurance Corporation closed the said bank and took control of its deposits &ndash
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