Chicago’s Metropolitan Capital Bank Becomes First U.S. Bank Failure of 2026
Metropolitan Capital Bank & Trust becomes the first U.S. bank to fail in 2026 after regulators shut it down over capital and safety concerns.
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Metropolitan Capital Bank & Trust becomes the first U.S. bank to fail in 2026 after regulators shut it down over capital and safety concerns.
PayPal has applied for a U.S. bank charter, aiming to expand lending, accept deposits, and deepen its role in the regulated financial system.
SoFi becomes the first nationally chartered U.S. bank to launch crypto trading, blending digital assets with regulated banking services.