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Saturday, November 21, 
10:42 am

FDIC increases problem banks to 117

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pignoose.jpgThe 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.

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Also on Dealscape

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.

Here's a list of the failed banks.
- Maria Woehr

Also see:

More banks waste away
IndyMac Bancorp files for bankruptcy



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