Number of struggling US bank increases by 30%

[Italkcash Newsfeed]

According to FT the list of banks with problems increased from 90 til 117 in Q2. This shows tha he US bank crises is not over. According to FDIC the combined assets of the struggling banks increased from 26 bn$ til 78bn$.

Keep an eye in the US banks and be carefull when investing in the banking sector.

The Doc

[norrisl4]

We just have to make investments with eyes open wide. It will be difficult to determine the point at which we can declare the crisis is behind us. The after effects will be with us for quite some time. One can only hope that all banks have told the truth and nothing has been hidden under the carpet