(AFX UK Focus) 2010-04-24 02:48 UPDATE 2-Regulators seize bank linked to US Senate candidate

(AFX UK Focus) 2010-04-24 02:48 UPDATE 2-Regulators seize bank linked to US Senate candidate
WASHINGTON, April 23 (Reuters) – Regulators on Friday seized a Chicago bank owned by the family of the Democratic nominee running for the U.S. Senate seat once held by President Barack Obama. Broadway Bank was among seven Illinois banks whose failure was announced on Friday. U.S. regulators have seized 15 banks in the past two weeks, as the Federal Deposit Insurance Corp ratchets up efforts to …

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