Regulators Close 5 Banks…Worst Single Day Since 1992

2009 bank failures jumped more than 10% in a single night last week.

Federal and state regulators shut down 5 banks totalling over $1 billion in assets late Friday. These moves singled the largest number of failures in a single night since the end of the savings and loan crisis.

To read the full On Wall Street article click: http://www.onwallstreet.com/news/regulators-close-5-banks-2663099-1.html

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