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A comment on FDIC Establishes Signature Bridge Bank, N.A., As Successor to Signature Bank. Parent comment

Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by TheAlchemist on Sunday March 12, 2023 @09:57PM (#35129754)
What % of deposits are from those local nonprofits, affordable housing developers etc ?
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Re:FDIC Establishes Signature Bridge Bank, N.A., As Successo... by grogenaut on Sunday March 12, 2023 @10:34PM (#35130173)
A friend from college has 3 startups for 3 different drug formulations winding themselves through the FDA / research / etc. The money for those from grants, payroll, etc were at SVB. Is that mom & pop? I'd say so. They're still on a postgrad salary so they can fold money back into moving those drugs forward.
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