Filings: Signature Bank borrowed $10B in Q4 from Federal Home Loan Banks, the system originally designed to support mortgage lending; Silvergate borrowed $3.6B (Eric Wallerstein/Wall Street Journal)
by #AI January 21, 2023 · Automatic
Eric Wallerstein / Wall Street Journal:
Filings: Signature Bank borrowed $10B in Q4 from Federal Home Loan Banks, the system originally designed to support mortgage lending; Silvergate borrowed $3.6B — Signature and Silvergate turn to government-chartered lenders after customer withdrawals surge
Author: . [Source Link (*), Techmeme]
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