After a week’s let-up, U.S. regulators were back in action last Friday, shuttering two more banks in Illinois and Indiana. This brings the total number of bank failures to 9 so far in 2012, following 92 in 2011, 157 in 2010, 140 in 2009 and 25 in 2008.
While the financials of a few large banks continue to stabilize on the back of an economic recovery, the industry is still on shaky ground. The sector presents a picture similar to that of 2011, with nagging issues like depressed home prices … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards