National City Bank and Fifth Third suffer losses on the stock market

NEW YORK (Reuters) - Shares of National City Corp (NCC.N) dropped more than half on Monday as investors wondered which regional bank might need a merger partner as the sector suffered what analysts called a deepening crisis of confidence.

The big Ohio bank slid $2, or 52 percent, at $1.70 on the New York Stock Exchange. The stock fell more than 25 percent on Friday.
The closely watched S&P Financial index (.GSPF) fell 5 percent, with Fifth Third Bancorp (FITB.O) -- another Ohio-based firm -- dropping 20 percent.

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yikes! by half?
it will be interesting to see our local banking landscape changed when national banks come in to buy people out.
a lot of smaller localish banks support local institutions (local non profits, as well as obviously things like 5/3 supporting the mudhens stadium)

when national/bigger banks come in, they may treat us very different

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