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Fitch: Outlook on U.S. Banking Sector Remains Negative

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Fitch Ratings said its outlook for the U.S. banking sector remains negative, although it said many of the factors that put negative pressure on the ratings are easing.

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What the Mortgage Settlement Means to Banks
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The $25 billion mortgage robo-signing settlement is:
Political extortion from the banks in an election year
A slap on the wrist — the banks put reserves away for this long ago, they won't even feel it
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