TCF results hurt by U.S. fine

  • Article by: JENNIFER BJORHUS , Star Tribune
  • Updated: January 30, 2013 - 6:11 PM

The bank recorded a quarterly profit but lost $218.5M for year. Core results are improving, but the regulatory scrutiny of compliance with the Bank Secrecy Act rolls on.

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brotherkennyJan. 30, 13 7:29 PM

So they are up to about 1% per share, which is better than a half percent. Their struggles are largely related to their poor decisions on mortgage loans, but they would have you believe it is the unfair government that is the "real issue". Of course everyone knows and have always known that bankers are honest good citizens who care most deeply about the welfare of their customers. You know, making sure they give good advice to the customer. Why sure, they had sensitivity classes in high school just like everyone else.

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