BUSINESS

FDIC: U.S. 'Problem' Banks Rise to 305

06/27/2009 05:12 am ET | Updated May 25, 2011

May 27 (Bloomberg) -- U.S. "problem" banks climbed 21 percent to the highest total in 15 years in the first quarter, and provisions set aside for loan losses weighed on industry earnings, the Federal Deposit Insurance Corp. said.

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