TITLE

Careful What You Wish for ... More Borrowers Paying Loans

AUTHOR(S)
Monks, Matthew
PUB. DATE
July 2010
SOURCE
American Banker;7/23/2010, Vol. 175 Issue F328, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article focuses on the U.S. financial services industry as of July 23, 2010. The positive effect of loan repayments on credit quality is noted. A decline in credit costs at KeyCorp, Huntington Bancshares Inc., and M&T Bank Corp is noted. KeyCorp's chief executive officer Henry Meyer comments on paydowns and the rise in payments of nonperforming loans.
ACCESSION #
52386092

 

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