Michael Panzner: regional banks in trouble

By Edward Harrison On Jun 10, 2008

Michael Panzner has a good post on his site about regional banks being the next front in the Credit Crisis. He mentions home equity lines (HELOCs) as a crucial piece there, referring to an article in the Financial Times. His blog entry mentions 10 banks, regional and national to scrutinise in particular: Huntington Bancshares, National City and SunTrust Bank, Countrywide Financial, Washington Mutual and First Horizon Financial, Citigroup, JPMorgan Chase, Bank of America and Wells Fargo.

See sources and other reading below.

Sources
Timeless Phrases, Financial Armageddon, 10 Jun 2008
Crisis shifts to regional lenders, FT, 8 Jun 2008

for more on regional banks, click here to see other posts on my blog:

Edward Harrison 7783 posts 575 comments

Edward Harrison is a senior Editor at Bloomberg. He is also the founder of Credit Writedowns newsletter, a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.

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