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FDIC: Bank Earnings Hit Five-Year High in 2011

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I'm Adam Shapiro here Fox Business -- a positive report on consumer confidence is helping to stop.

Right now the Dow is up 25.

A surging bank earnings at the end of last year in May 2011 the most profitable time for the industry in five years.

The FDIC says bank earnings in the October to December quarter rose to just over 26 billion dollars.

Now for the year earnings hit 119 and a half billion dollars it's the most since 2006.

And overseas Greek ministers have agreed on deep cuts of that country's minimum wage which will pass into law without further parliamentary approval.

It imposes a 22% cut in the standard minimum monthly wage of 751 -- and the cuts are more brutal roughly 32%.

For workers under the age of 25.

That's the latest from the Fox Business Network giving you the -- to prosper.