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US banking sector
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- 1Six US bank failures recorded so far this year, FDIC list shows●Six financial institutions have failed this year, including one in Indiana. https://www. fdic.gov/bank-failures/failed-
Six banks have failed in the United States so far this year, according to the FDIC's failed bank list, with at least one of the collapses involving an Indiana-based institution. The figure is drawing attention amid ongoing concerns about the health of parts of the US banking sector, with commenters flagging the total as a sign of continued pressure on smaller lenders.
- 2Meredith Whitney Warns of Weakness in US Economy's Underbelly●Meredith Whitney Warns of Weakness in US Economy’s ‘Underbelly’
Analyst Meredith Whitney is warning of weakness in what she calls the US economy's 'underbelly', pointing to strains beneath an otherwise resilient economic picture. Whitney, known for her prescient calls on banks during the financial crisis, did not detail specific sectors in the headline, but the warning is drawing attention given her track record on economic calls.