Big 4 Banks Add $9.5bn in Nonperforming, Foreclosed Properties in One Yea

“Tuesday, July 27th, 2010, 3:09 pm
Each of the “big-four” banks, Bank of America (BAC: 14.19 0.00%), Wells Fargo (WFC: 28.39 0.00%), JPMorgan Chase (JPM: 40.69 0.00%) and Citigroup (C: 4.16 0.00%) released quarterly earnings reports for Q210 in July, reporting a total increase of $9.5bn in nonperforming or foreclosed properties from the same quarter last year.”
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