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IPFS News Link • Federal Reserve

FDIC: U.S. ‘Problem’ Banks Rise to 305

05-27-2009 • Bloomberg.com

U.S. “problem” banks climbed 21 percent to the highest total in 15 years in the first quarter, and provisions set aside for loan losses weighed on industry earnings, the Federal Deposit Insurance Corp. said.

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Reported By Jack Gregson

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