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Real Estate Investor Run on Signature Bank Helped Fuel Its Demise
Wall Street Journal, March 15, 2023–Konrad Putzier, Peter Grant (subscription)
A rush by New York City real estate investors to yank money out of Signature Bank last week played a significant role in the bank’s collapse, according to building owners and state regulators.
https://www.wsj.com/articles/real-estate-investor-run-on-signature-bank-helped-fuel-its-demise-945c36c1