Regulators have seized seven U.S. banks. This has brought this year’s total of failed lenders to 140. The Federal Deposit Insurance Corp. excepts more shutdowns.
The FDIC said in statements on its Web site that Yesterday in six U.S. states banks having $14.4 billion in total assets were closed.
Two banks were closed in California. OneWest Bank has bought the assets and deposits of Federal Bank of California in Santa Monica. City National Corp. has bought the Imperial Capital Bank.
