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Real Estate & Property Law

: Housing Wire

Bank Net Income Falls 60% from Q108

By DIANA GOLOBAY

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The US banking industry experienced a rough first quarter as the worst of the credit crisis continues to unwind, deteriorating assets take their toll on balance sheets and federal regulators expose weaknesses in capital buffers through exhaustive stress tests. Banks and savings institutions insured by the Federal Deposit Insurance Corp. (FDIC) reported a combined $7.6bn net [...]

Full post as published by Housing Wire on May 27, 2009 (boomark / email).

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