Two more banks fail; U.S. tally at 127 - MarketWatch

According to a report from Market Watch, the FDIC has closed two more banks bringing the total of closed banks to 127.  While the FDIC press releases are mum about underlying reasons for the bank's poor performance leading to its closing, it seems clear that the financial marketplace is not getting better.

Read the full report: Two more banks fail; U.S. tally at 127 - MarketWatch

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