Closed 3 more banks in the U.S. and were now 133 for this year

Federal regulatory authorities in the United States financial institutions shut down sequence on Friday night.
The three banks Republic Federal Bank, SolutionsBank Valley Capital Bank, and are from Florida, Arizona and Kansas. The total assets of the three institutions were closed for 1 billion dollars, and the reason for the final measure is the severity of lending in real estate.
Thus the closed banks in the U.S. since the beginning of the year are now 133, the fastest pace in 17 years even though the signs out of the recession the U.S. economy, analysts comment.

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Finance