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Fewer US banks failing as industry strengthens

December 29, 2012
By MARCY GORDON , THE ASSOCIATED PRESS

WASHINGTON - U.S. banks are ending the year with their best profits since 2006 and fewer failures than at any time since the financial crisis struck in 2008. They're helping support an economy slowed by high unemployment, flat pay, sluggish manufacturing and anxious consumers.

 
 
 

 

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