Federal Deposit Insurance Corporation
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Bank Net Income Falls 60% from Q108
May 27, 2009The 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 income for Q109, $11.7bn or 60% below the net income reported in the year-ago quarter.
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WaMu Makes JPMorgan $29 Billion as Shareholders Rail
May 26, 2009 -
Two More Banks Bite the Dust
May 26, 2009 -
Fate Sealed for BankUnited
May 21, 2009 -
Two Housing Bills Set to Become Law
May 20, 2009 -
FDIC to Take BankUnited? The Least of its Problems
May 14, 2009 -
33rd Bank Failure Costs $108 Million; FDIC Named Receiver
May 11, 2009 -
Stress Tests End; Raising Money Begins
May 07, 2009 -
Fed’s Bernanke on Systemic Regulatory Framework
May 07, 2009 -
FDIC’s Bair Urges US Regulation on Global Issue
May 06, 2009 -
Bair Appoints FDIC General Counsel
May 04, 2009 -
Three Failed Banks Cost FDIC $1.4 Billion
May 04, 2009
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