by Calculated Risk on 10/21/2008 09:26:00 AM

From Bloomberg: National City, Fifth Third, KeyCorp Post Losses on Bad Loans

National City posted a $729 million loss and set plans to cut 4,000 jobs, or 14 percent of the workforce, according to a statement today. Fifth Third said it may ask to be included in the Treasury's plan to buy stakes in U.S. banks, and KeyCorp will limit new student loans and scale back lending for boats and recreational vehicles.
...
Fifth Third in Cincinnati ... reported a loss of $56 million ... and Cleveland-based KeyCorp's loss was $36 million ...

The confessional is still busy, especially for regional banks.