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Signature bank has $110B in assets and $102B in liabilities. 7.8% more. 3y Treasuries took a 9% loss in just the last year. You're certain their assets are less
by reducesuffering 4y ago
Signature bank has $110B in assets and $102B in liabilities. 7.8% more. 3y Treasuries took a 9% loss in just the last year. You're certain their assets are less risky than that? They have a rapidly declining cash pile, down to just $5.8B now, and all their assets are in various "Other Securities," Real Estate loans, and "Unspecified/Other Loans."