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