synovus

Since the beginning of 2009, 72 banks have failed; based on an analysis done by Bloomberg, 150 more are at risk. The culprit is all-too-familiar: according to the Bloomberg study, these endangered banks are in trouble because five percent or more of the loans they hold are nonperforming. That means...

Bank stocks led the market higher over the past couple of weeks -- the KBW Bank Index of 24 big financial institutions surged 62 percent from March 6 to last Wednesday, compared to a 16 percent gain for the S&P 500. So perhaps it's only fitting that sobering news from a bank regulator killed...