pace of us bank failures slows
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Pace of U.S. bank failures slows

Arab Today, arab today

Arab Today, arab today Pace of U.S. bank failures slows

Washington - UPI

Federal regulators said the pace of U.S. bank failures was tailing off from the recent economic downturn's peak of 157 failures in 2010. January through June saw 48 U.S. banks fail, fewer than the 74 banks that failed July through December of 2010 and less than the 86 that failed in the first half of 2010, The Wall Street Journal reported Saturday. In the first week of the second half of 2011, a bank in Illinois and two in Colorado failed, bringing the 2011 total to 51. In addition to fewer banks failing, the assets involved in bank failures has also declined. Nineteen banks holding more than $1 billion assets failed January through June in 2010. In the same period this year, only three banks with $1 billion or more in assets have failed. Using 2007 as a starting point for the recent wave of bank failures, the number of closings expected for the current downturn is in "the seventh inning," said Timur Braziler, an industry analyst and assistant vice president at Keefe, Bruyette & Woods Inc. About 19 percent of the banks on the Federal Deposit Insurance Corp. list of banks in trouble end up failing, historically, Greg Hernandez, a spokesman for the regulator said. That would indicate the current wave of bank failures will not end soon. As of May, there were 888 banks on the FDIC's list of problem banks.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

pace of us bank failures slows pace of us bank failures slows

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

pace of us bank failures slows pace of us bank failures slows

 



GMT 12:48 2016 Sunday ,27 November

Cilic, Dodig push Croatia to brink of Davis Cup

GMT 05:24 2017 Thursday ,28 December

Erdogan says 'terrorist' Assad cannot be part of Syria

GMT 12:59 2016 Saturday ,05 November

WB welcomes economic reforms in Egypt

GMT 18:40 2016 Saturday ,05 November

Egyptian GDRs in London down

GMT 10:57 2017 Wednesday ,06 December

Peru striker Guerrero has doping ban extended

GMT 17:51 2017 Tuesday ,07 March

Trump Signs New Travel Ban on Six Muslim Countries

GMT 10:30 2017 Wednesday ,06 September

Saudi Information Ministry praises media role during Hajj

GMT 15:29 2017 Tuesday ,24 January

Mind games really do help your brain

GMT 06:55 2015 Thursday ,01 October

Boston Red Sox beat Yankees

GMT 08:17 2017 Monday ,28 August

Bahrain celebrates World Humanitarian Day 2017

GMT 02:07 2017 Tuesday ,28 February

Opposition seeks Russian support at Syria talks
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday