Banking Blues

ISTOCKPHOTO.com

FDIC says U.S. banks lost $32.1 billion in the fourth quarter last year, $6 billion more than first reported.

Losses bring the industry’s net income down to $10.2 billion for the year.

Related Topics: News, The Page

Post a Comment

You must be logged in to post a comment.

  • Tweets

    View More Tweets From @TIME

Your browser, Internet Explorer 8 or below, is out of date. It has known security flaws and may not display all features of this and other websites.

Learn how to update your browser