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Remarks at E-3 Summit of the Americas: Export Trade Basics Forum 101, San Juan, Puerto Rico.
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The largest national banks apparently have turned the corner on asset quality issues, but this improving trend has not yet emerging across the Eighth District.
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After a large increase in the first quarter of 2011, earnings growth at District banks came to a standstill in the second quarter.
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After two straight quarters of slight improvement, profitability at Eighth District banks dipped in fourth quarter 2009.
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The recession officially ended in June, 2009, yet more than a year later, many banks throughout the nation are struggling to recover from the downturn. This is especially pronounced in the 12th District. This article addresses some of the issues that contributed to the still-prevalent banking...
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Banks in the Eleventh Federal Reserve District are performing better than their peers. However, signs of strain are still evident following the recession and financial market crisis. Some banks that restructure troubled loans by granting borrowers easier terms subsequently find the loans...
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