US DATA: Banking regulators’ Shared National Credits Review for 2011
says criticized loans fell 28% to $321b, though portion remained
historically high at 13% vs 18% in 2010. Credit quality improved on
better operations, restructurings, and better mkt access. Real estate/
construction, media, finance led the improvement. SNC commitments were
up less than 1%. See text on MNI Main wire.