START A PETITION27,000,000 members: the world's largest community for good

Bank Profits Soar, Lending Falls As Banks Pay Next To Nothing For Funds

Business  (tags: Bank Bailout, Bank Lending, Bank Profits, Banks, Fdic, Federal Deposit Insurance Corp, Financial Crisis, Sheila Bair, The Financial Fix, Zirp, Business News )

- 1915 days ago -
Bank profits jumped 21% last quarter to nearly $22 bil, the highest level in 3 years, as banks put away less money to cover future losses, fewer borrowers fell behind on payments and lenders paid the least for their funds in perhaps 50 years...

Select names from your address book   |   Help

We hate spam. We do not sell or share the email addresses you provide.

Or, log in with your
Facebook account:
Please add your comment: (plain text only please. Allowable HTML: <a>)

Track Comments: Notify me with a personal message when other people comment on this story

Loading Noted By...Please Wait


Content and comments expressed here are the opinions of Care2 users and not necessarily that of or its affiliates.

New to Care2? Start Here.

site feedback


Problem on this page? Briefly let us know what isn't working for you and we'll try to make it right!