By Gregory Mott Oct. 11 (Bloomberg) -- US bank failures through 2015 will drain $19 billion from the Federal Deposit Insurance Corp. fund for covering losses from shutdowns, the agency said in an update of its reserve ratio projections. ... Bank Failures Will Cost $19 Billion Through 2015, FDIC Says
Tuesday, October 11, 2011
Bank Failures Will Cost $19 Billion Through 2015, FDIC Says
By Gregory Mott Oct. 11 (Bloomberg) -- US bank failures through 2015 will drain $19 billion from the Federal Deposit Insurance Corp. fund for covering losses from shutdowns, the agency said in an update of its reserve ratio projections. ... Bank Failures Will Cost $19 Billion Through 2015, FDIC Says
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