Litigation, mortgage demand weigh on U.S. bank profits in Q3 -FDIC

WASHINGTON, Nov 26 (Reuters) - Net income for U.S. banks declined 3.9 percent year-on-year in the third quarter, a top federal banking regulator said on Tuesday, weighed down by litigation costs and...

from Reuters: Bonds News http://feeds.reuters.com/~r/reuters/bondsNews/~3/VH2dxE30Ckk/story01.htm