Regulators, 2010 Bank Failures | featured news

Six Banks Fail, Marking 125 for 2010

Regulators seized six banks Friday in the Southeast, Midwest and Northeast, marking 125 failures for 2010.

 

U.S. bank failures total 108 after 5 shut on Friday

U.S. bank failures total 108 after 5 shut on Friday

U.S. bank failures reached 108 so far in 2010 on Friday as regulators seized five small banks in the Pacific Northwest and the Southeast, none publicly traded.

 

Bank Failures Top 100 for '10

Bank Failures Top 100 for '10

Regulators closed six more banks around the country, marking the second consecutive year that more than 100 financial institutions have collapsed.

Senh: So it looks like smaller banks are failing, and then getting gobbled up by a bigger bank. It just looks like smaller banks are forced to merge with bigger ones.

 

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