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FDIC Says Bank Earnings Fell 94% in Q3 Versus One Year Ago

November 25, 2008 – 9:16 am Net income from U.S. banks totalled $1.7 billion in the third quarter, according to the Federal Deposit Insurance Corporation on Tuesday, who added that the figure represents a 94% decline in banking income compared to twelve months ago. The report cited...(read more)