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2011: More Bank Failures Expected

The margin of failures between 2011 and 2010, at least, should move in a positive direction. Between 125 and 150 additional banks, thrifts and credit unions will go down before the New Year comes to a close. Industry consolidation may be just what the market needed, industry analyst says. Cross-channel fraud accounts for less than 10 percent of all fraud incidents, according to a new survey. Increased oversight will be on both the safety and soundness of the banks and the consumer side, expert says.”]

Source: https://www.inforisktoday.com/2011-more-bank-failures-expected-a-3269

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