Twenty of the last 28 Fridays have seen announcements of bank failures. Will this trend come to an end anytime soon?
Walter Mix, former commissioner of the California Department of Financial Institutions, and Fred Cannon, KBW co-director of research, offered their outlooks for financials.
Watch the video interview.
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CNBC Slideshows:
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Financials — Top TARP Recipients:
AIG
Citigroup
Bank of America
JPMorgan Chase
Wells Fargo
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Disclosures:
Disclosure information was not available for Mix, Cannon or their respective companies.
