Banks, Second Quarter Earnings | featured news

Welcome to Wopular's coverage of Banks, Second Quarter Earnings. Wopular aggregates news headlines from the top newspapers and news sources. To the right are articles about Banks, Second Quarter Earnings that have been featured on main sections of the site.

Below are topics about Banks, Second Quarter Earnings. (Click on "all" to view all articles related to the topic, including articles NOT about Banks, Second Quarter Earnings.

Click here to search news sites, aggregators, and blogs as well as videos, photos, and websites about Banks, Second Quarter Earnings.

Bookmark or Share

Main Topics

Second Quarter Earning... Topics

What Downturn? Bank Profits Hit $34.5 Billion

Here’s something that may (or may not) surprise about you about banks: They’re raking in profits like it’s 2007. It's not such a rosy environment for banks once you cut a little deeper into the numbers. The latest data from the FDIC show banks taking in net income of $34.5 billion in the second quarter of 2012, that’s up $5.9 billion from from the second quarter of 2011.

 

Citigroup second-quarter profit falls on losses from older assets

Citigroup Inc reported lower second-quarter profit on Monday as the big banking group lost money on the sale of a stake in a Turkish bank and suffered from the drag of its troubled assets left over from the 2008 credit crisis.

 

First Drop in Number of Problem U.S. Banks Since 2006

Twenty-three lenders fell off the government’s list of so-called “problem banks” in the second quarter, bringing the total to 865.

 

Subscribe to this RSS topic: Syndicate content