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Everything You Need to Know About Regional Banks, Part 2: Loan Losses
| See also |
| Everything You Need to Know About Regional Banks, Part 1: Earnings |
After two banks recently rocked the market by reporting dramatic increases in bad loans, financial institutions' second-quarter results are being sliced and diced to gauge whether they are suitably protected against similar credit-quality problems.
Last month, Wachovia (WB Quote) and UnionBanCal (UB Quote) had to deduct large sums from profits to boost protection against rising bad loans. ...
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