Thursday, May 31, 2007

Bank earnings fall slightly in 1st quarter

(Reuters) - Commercial lenders overseen by the Federal Deposit Insurance Corp. posted a net income of $36 billion in the first quarter of the year.




That was off 2.5 percent, or $900 million, compared with the same quarter a year ago and was the fourth-highest income reported by the industry, the FDIC said.


Read more at Reuters.com Market News

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