Silvergate Bank News on The Federal Newswire

Recent News About Silvergate Bank

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  Silvergate CEO: 'We took commensurate steps to ensure that we were maintaining cash liquidity'

  Alan Lane, the CEO of Silvergate, the parent company of Silvergate Bank, which provides financial solutions to businesses in fintech and cryptocurrency, said in a statement the company has taken steps in response to lower deposit levels and shaken industry confidence in the fourth quarter of 2022, aiming to remain liquid by reducing the company's headcount and selling debt securities.

  By Commerce Newswire Report

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