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Archive Home > 2009 > May > 28 > Banks earned $7.6B in the first quarter

Banks earned $7.6B in the first quarter


May 28, 2009

WASHINGTON — The nation’s banks turned a profit in the first quarter, but the number of problem banks jumped to the highest level in 15 years and tough conditions persist for the industry, the government said Wednesday.

The Federal Deposit Insurance Corp. said higher trading....

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