Regulators put more banks on notice to try to avoid failures

Data indicate that the Office of the Comptroller of the Currency and the Federal Reserve have issued more memorandums of understanding to struggling banks so far in 2008 than they did all last year. Regulators are trying to force the banks to resolve their issues in an effort to avert failures. The agreements between the regulators and financial institutions can force the latter to reduce risky lending, suspend dividend payments and raise capital, among other actions.

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