Signature Bank at Bank of America Merrill Lynch Future of Financials Virtual Conference Transcript

Nov 09, 2020 / 06:40PM GMT
Ebrahim Huseini Poonawala - BofA Merrill Lynch, Research Division - Director

Thank you, and welcome again. Good afternoon, and thanks again for joining us for the Bank of America Future Financials 2020 Conference. I'm excited with our next speakers. We have with us Signature Bank. From Signature, we have Joe DePaolo, President and CEO; and Eric Howell, EVP, corporate and business development.

So I can't imagine we could have had a better backdrop, Joe and Eric, to have you guys on for this chat, given the kind of year it has been for Signature and for the economy. But I think before I jump into the questions, I think, Joe, you had an update for us for the fourth quarter, so I'll pass it on to you.

Joseph John DePaolo - Signature Bank - Co-Founder, President, CEO & Director

On behalf of Eric and myself, Ebrahim, thank you. We certainly appreciate the opportunity to talk today.

I'll give you a little bit of an update during the fourth quarter, thus far, deposit growth continues to climb at a phenomenal growth rate. We're up about $10 billion

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