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FDIC: First quarter shows decline in net income
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Banking, Dodd-Frank Basics, Financial Stability
Friday, June 3, 2016
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Commercial banks and savings institutions insured by the Federal Deposit Insurance Corp. reported aggregate net income of $39.1 billion in the first quarter of 2016, down $765 million (1.9 percent) from a year earlier, according to the FDIC’s latest Quarterly Banking Profile. Read on to learn more about the FDIC’s finding.
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