2 banks added to list of failures

WASHINGTON » Regulators last week closed a bank in Florida and one in Illinois, bringing to 49 the number of U.S. bank failures this year.

The Federal Deposit Insurance Corp. seized Heritage Bank of Florida, based in Lutz, Fla., and Citizens First National Bank, based in Princeton, Ill., on Friday.

The two bank failures are expected to cost the deposit insurance fund $110.7 million.

U.S. bank closures are running at a much slower pace than in 2011. By this time last year, 85 banks had failed.

Playboy club ready to hop to India

MUMBAI, India » India is set to get its first Playboy club next month, with demurely dressed bunnies and a focus on glamour instead of sex.

The club’s promoters are striving to recast the Playboy brand so that it won’t spark a backlash in a country that has only slowly come to terms with deep kisses on the big screen. That means there won’t be nudity, but there will be bunnies — though whether they will sport bodices, bunny ears and cotton tails remains in question.

"Bunnies are an integral part of Playboy culture," said Sanjay Gupta, chief executive of PB Lifestyle. "We will have bunnies, but keeping in mind Indian sensibilities, we are toning down the costume. We are working very closely with Playboy to design a bunny outfit for India."

He said the details of the Indian bunny costume are "confidential."

PB Lifestyle is a Mumbai-based company with an exclusive license from Playboy Enterprises to open Playboy clubs, hotels, bars and cafes and sell Playboy branded merchandise in India.