May 29, 3:58 PM CDT
Media & Culture
Markets / Finance
U.S. regulators close their 40th bank of the year
By IBT Staff Reporter on 06/19/09 AT 10:16 PM
U.S. regulators closed three small banks on Friday, bringing the number of bank failures to 40 so far this year as the recession and delinquent loans erode the health of financial institutions.