The FDIC has 1,196 banks on its ‘problem list.’
The list includes some of the nation’s largest banks as well as many small institutions, but the Federal Deposit Insurance Corp. does not release names of listed banks, FDIC Chairman L. William Seidman told the Senate Banking Committee. The total has increased steadily since spring, 1981, when just 200 institutions were listed for close watching by the agency. “Right now there are more Western banks on the problem list than Eastern banks,” Seidman said.
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