The Wall Street Journalreports that there are 775 banks on FDIC's "problem" list - an increase of 73 banks since the end of 2009.
There were 702 on the FDIC's "problem" bank list at the end of 2009 and 252 at the end of 2008.
FDIC officials said they expected the number of failed banks to peak this year after climbing steadily over the past three years. Regulators have shut 72 banks so far this year, more than double the number closed by this time last year. Ms. Bair said regulators were preparing for a steady pace of additional closures through the end of the year. A total of 237 banks have failed since the beginning of 2008.
The number of failed banks will hopefully peak this year. There have been 72 banks closed so far in 2010. You can see a complete list of the failed banks here on the FDIC's website.
