Arab Today, arab today us banking officials see recovery
Last Updated : GMT 21:09:51
Arab Today, arab today
Arab Today, arab today

US banking officials see recovery

Arab Today, arab today

Arab Today, arab today US banking officials see recovery

Washington - UPI

Officials at U.S. banks said the industry is recovering, with the Federal Deposit Insurance Corp.\'s \"problem list\" shrinking to fewer than 700 banks. Industry leaders said the list shrank to fewer than 700 banks for the first time in three years, and only about half the number of bank failures recorded in 2011 are expected for 2012, The Washington Times reported Tuesday. David Stevens, president and chief executive officer of the Mortgage Bankers Association, said the lenders that caused the most damage in the lead-up to the 2008 global financial crisis have been forced out of the market, allowing the industry to recover. However, he said officials in Washington do not fully appreciate the recovery. \"I bristle when I hear these polarizing extremes: \'The banks are all bad, let\'s hang them from the highest rafters,\'\" Stevens said. Dick Bove, a bank analyst with Rafferty Capital Markets, said banks are strengthening as the economy recovers. \"Everyone has done nothing but beat on the banks for the havoc they caused,\" he said. \"It\'s not very well understood that banks in the United States are extraordinarily profitable right now and have been growing for the last few years.\"

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*

Arab Today, arab today us banking officials see recovery Arab Today, arab today us banking officials see recovery

 



Arab Today, arab today

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*

Arab Today, arab today us banking officials see recovery Arab Today, arab today us banking officials see recovery

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Zainab Fadel Oglu designs “Shakerin” mosque

GMT 12:13 2017 Thursday ,11 May

Zainab Fadel Oglu designs “Shakerin” mosque
Arab Today, arab today Seeks to move past rift with Israel

GMT 08:00 2017 Monday ,08 May

Seeks to move past rift with Israel
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Mozambique's gas boom dream under threat

GMT 16:29 2017 Monday ,08 May

Mozambique's gas boom dream under threat
Arab Today, arab today Prepares to give stargazers an eyeful

GMT 13:38 2017 Monday ,06 March

Prepares to give stargazers an eyeful
Arab Today, arab today Jaguar displays XF Sportbrake line

GMT 14:36 2017 Monday ,08 May

Jaguar displays XF Sportbrake line
Arab Today, arab today BMW sees forecasts in reach

GMT 09:04 2017 Thursday ,04 May

BMW sees forecasts in reach
Arab Today, arab today Climate science: Bad news gets worse

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse
Arab Today, arab today
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
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday