PacWest Bancorp was the hardest hit bank after-hours on Wednesday, falling over 50% following a reported plan to explore strategic options.
Crypto Firm Deposits Jump 24% in Q1 at Metropolitan Commercial Bank
Crypto-friendly Metropolitan Commercial Bank reported $25 million more in deposits from crypto customers in the first quarter of 2020.
Crypto-Related Deposits Drop by Half at Metropolitan Commercial Bank
Metropolitan Commercial Bank’s deposits from crypto firms have steadily declined, a sign of heightened competition in a field where the bank was once one of the only games in town.
Metropolitan Bank Is Handling Millions for Crypto Clients (And It Wants More)
To most banks in the United States, cryptocurrency businesses are pariahs. To Metropolitan Commercial Bank in New York, they’re “pioneers.”