Thursday, May 31, 2007

UPDATE 1-US bank earnings fall slightly in 1st quarter

(Reuters) - WASHINGTON, May 31 - Earnings at U.S. banks fell
slightly in the first three months of the year amid a
continuing housing slump and tightening credit standards, a
banking regulator said on Thursday.




Commercial lenders overseen by the Federal Deposit
Insurance Corp. saw net income of $36 billion in the first
quarter of the year.


Read more at Reuters.com Bonds News

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