Dean Curnutt: Commercial property a drag on regional banks

10/28/2009 | CNBC

Commercial property is one of the important reasons many regional banks aren't enjoying the earnings growth of the big banks, said Dean Curnutt of Macro Risk Advisors. "Regionals have large exposure to commercial real estate, which is going to have difficulties for years to come," he said. Cassandra Toroian of Bell Rock Capital agreed the regional banks "have issues" with their loan portfolios but said they are dealing with them.

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