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Investors Sell Bank Shares Amid Debate On Severity of Industry's Problem Loans.

Authors :
Sapsford, Jathon
Mollenkamp, Carrick
Source :
Wall Street Journal - Eastern Edition. 06/19/2000, Vol. 235 Issue 120, pA19. 0p.
Publication Year :
2000

Abstract

Deals with the concern of bankers, investors and analysts on the problems in banks' loan portfolio in the United States after bank shares fell on June 16, 2000. Market reaction to Wachovia Corp.'s announcement that it would revise its earnings due to loan portfolio problems; Profit warning of UnionBanCal Corp for the second quarter of 2000; Information on the Chase's loan portfolio.

Details

Language :
English
ISSN :
00999660
Volume :
235
Issue :
120
Database :
Academic Search Index
Journal :
Wall Street Journal - Eastern Edition
Publication Type :
News
Accession number :
3265098