Signature Bank Raised Its Crypto Exposure After Slowing Real-Estate Lending

The Signature Bank may be most remembered for getting in too deep with cryptocurrency firms. The bank had been working for years to lessen real-estate lending as a share of its total business after Signature’s exposure greatly exceeded what U.S. bank regulators recommended for managing risk. It also slowed real-estate lending after changes to New York tenant laws that made it harder for landlords to profit from deregulation.