Monday, July 10, 2006

US Regional Banks in a Rate Whirl

The Wall Street Journal, Robin Sidel & Clint Riley, 10 June 2006After watching interest rates rise for two years, a growing number of Americans are transferring their money into high-yielding bank accounts, a trend that is taking its toll on the nation's regional banks.As financial institutions gear up for quarterly earnings reports this month, a number of them have warned investors and Wall

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