Joe DePaolo, the CEO of crypto-friendly Signature Bank, will step down from his role as CEO and President and move to an advisory role following a transition period. By JamieCrawleyCD.
Crypto-friendly Signature Bank 's CEO Joe DePaolo is stepping down from his role as president to be succeeded by chief operating officer Eric Howell.The bank alsothat once DePaolo completes his transition into the advisory role, Howell will be named as CEO. Till then DePaolo will retain the CEO role and his seat on the board.
It is unclear how long the transitionary period will last. Signature Bank did not immediately respond to CoinDesk's request for further comment. The bank has been attempting to reduce its involvement in digital assets following the market downturn which started last year and came to a head with
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