When Signature Bank collapsed, it held $56 million of Syracuse taxpayers ’ money

Syracuse, N.Y. – No one was more concerned than Brad O’Connor to hear about the collapse of Signature Bank. The city of Syracuse, where O’Connor is the finance commissioner, had deposited – gulp – $56 million of taxpayers’ money at the bank. Amid mounting panic over an anticipated bank run, New…#syracuse #ny #bradoconnor #signaturebank #jpmorganchase #nadermaroun #councilorpathogan #siliconvalleybank #signature #rochester

Source: Reuters: Health - March 18, 2023 Category: Consumer Health News Source Type: news