Thursday, 31 May 2007

US bank earnings about steady in 1st quarter-FDIC

(Reuters) - That was off $900 million compared with the same quarter a
year ago and was the fourth-highest income reported by the
industry, the FDIC said.




Earnings "remain solid" despite a slump in housing and a
general tightening of credit, FDIC chairman Sheila Bair said.


Read more at Reuters.com Market News

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