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Professor Explains What the FDIC Does
Posted on June 29th, 2009 No commentsWhat does the Federal Deposit Insurance Corporation do? The Wisconsin State Journal answers, with help from University of Wisconsin-Madison banking professor Jim Johannes. Read about Johannes’ March presentation to members of CEOnly Network.
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Associated Experiences More Loan Losses
Posted on June 29th, 2009 No commentsAssociated Banc-Corp expects to post a provision for loan losses of $145 million to $160 million during the second quarter, and that might result in an overall loss for the quarter, the Green Bay-based bank holding company said. The bank’s board has formed a new Risk and Credit Committee to oversee credit risk management and investment portfolio risk. Read the Milwaukee Journal Sentinel article.
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Wis. Banks May Lag in Recovery
Posted on June 29th, 2009 No comments<p class=”MsoNormal”> Many of the state’s banks and credit unions are still laboring under losses from real estate and commercial loans and may take longer to emerge from the current recession than other sectors of the economy, Department of Financial Institutions Secretary Lorrie Keating-Heinemann told WisBusiness.com.