- The U.S. added 111 lenders to its list of “problem banks”
- The U.S. has taken over 81 banks this year
- A total of 416 banks with combined assets of $299.8 billion failed the FDIC’s grading system for asset quality, liquidity and earnings in the second quarter
- FDIC-insured banks reported a net loss of $3.7 billion in the second quarter
Full story here:
FDIC List of Problem Banks Surges, Putting Reserve Fund at Risk
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