Operator: Good day, welcome to the Newtek One, Inc. First Quarter 2023 Earnings Conference Call. At this time, all participants are in listening-only mode.
Operator: Good day, and thank you for standing by. Welcome to the Valley National Bancorp Q1 2023 Earnings Call. At this time, all participants are in a listen-only mode.
Operator: Hello, everybody, and welcome to Univest Financial Corporation to hold Fourth Quarter 2022 Earnings Call. I would now like to turn the conference over to Jeff Schweitzer, President and CEO.
Silvergate Capital made one of the U.S. banking world’s biggest bets on crypto. Now it’s reeling from a run on deposits and a massive loss, intensifying fears the collapse of FTX may seep elsewhere into the financial system.