Headline: 🚨 FIRST BANK FAILURE OF 2026 CONFIRMED
The FDIC has officially closed Metropolitan Capital Bank & Trust (Chicago). While the $19.7M cost to the Deposit Insurance Fund is relatively small, the "why" is what matters: unsafe operations and a crippled capital position.
The Breakdown:
• 🏦 Closed: Friday, Jan 30, 2026.
• 📦 Acquirer: First Independence Bank (Detroit) takes over all deposits.
• 📍 Status: The Chicago branch reopens Monday as a First Independence branch.
The Market View:
Regulators are distancing this from the recent gold/silver volatility, but it’s a reminder that "higher for longer" interest rates are still squeezing smaller regional players.
Watchlist Impact:
• $CYS & $BULLA – Keeping a close eye on liquidity flows and systemic risk narratives as this hits the news cycle.
Protect your capital. The game is changing. 📉💼
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