The Scan for Wednesday, July 20

07/20/11

Breaking News This Morning ... PNC, USB and M&T: "PNC Financial Services Group Inc., U.S. Bancorp and M&T Bank Corp. notched solid second-quarter profit gains as the three regional lenders continued to see marked declines in the funds reserved to cover potentially bad loans." (Journal) Receiving Wide Coverage ... 2Q Earnings: Despite the tepid economy, several big commercial banks sounded hopeful notes about business loan growth, the Journal reports. "KeyCorp went as far as to call the period...

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