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This Time, Real Estate Not Focus of Bank Collapses

Regulators Seize Two Banks Catering to Tech Industry

The Signature Bank headquarters at 565 Fifth Ave. in New York. (Photo by Lokman Vural Elibol/Anadolu Agency via Getty Images)
The Signature Bank headquarters at 565 Fifth Ave. in New York. (Photo by Lokman Vural Elibol/Anadolu Agency via Getty Images)

Unlike in the Great Financial Crisis of 2008, when bank failures resulted from distressed real estate assets, the collapse of two large U.S. banks in recent days are tied closely to deposits from digital-asset and technology companies.

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