🚨 BREAKING: FIRST U.S. BANK FAILURE OF 2026! 🚨
🇺🇸 Metropolitan Capital Bank & Trust — a Chicago-based lender — was closed by Illinois regulators due to unsafe conditions and weak capital, marking the first U.S. bank failure of 2026.
🏦 The FDIC was named receiver and immediately struck a purchase-and-assumption deal with First Independence Bank of Detroit, which will take over nearly all deposits and assets — meaning depositors won’t lose money and can access accounts without interruption.
📊 With roughly $261M in assets, this swift regulatory action highlights how fast authorities move to contain risk and stabilize the financial system — a headline that could impact sentiment across markets today.
👇 Stay informed, trade smart, and watch how markets react to this major financial headline
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18.87
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