The FDIC said the list of "problem" banks has increased to 117 institutions, up from 90 at the end of March, according to The Wall Street Journal. The names of the banks were not released.
Earnings in the banking sector through June were the lowest since 1991, with net income of $4.96 billion compared to $36.8 billion in the same period of last year, according to Bloomberg. Nine banks have failed so far this year, including IndyMac, which filed for Chapter 7.
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The FDIC said the list of "problem" banks has increased to 117 institutions, up from 90 at the end of March, 
