Thursday , 1 October 2020

Increased Litigation Expenses Cuts Into Q4 Earnings for FDIC-Insured Institutions

By Brian Honea

Increased litigation expenses at a few larger banks caused the Q4 aggregate net income for commercial banks and savings institutions insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC Chairman was still encouraged by the numbers, however.

The post Increased Litigation Expenses Cuts Into Q4 Earnings for FDIC-Insured Institutions appeared first on DSNews.

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