Portfolio Shrinkage Lets A Few Reduce Provisions

Davis, Paul
October 2008
American Banker;10/20/2008, Vol. 173 Issue 202, p20
Trade Publication
This article discusses the earnings reports of several U.S. banking companies during the third quarter of 2008. Many companies reduced their loan portfolios during the third quarter as a means of reducing their provisions for loan losses. Companies mentioned include Comerica Inc., First Horizon National Corp., and Wells Fargo & Co.


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