Zions Q2 loss takes turn for the worse

Zions Bancorp’s net loss worsened in the second quarter after two previous quarters of improvement, despite showing progress in its portfolio of bad loans, the bank holding company said Monday. Zions lost $135.2 million, or 84 cents per share in the three months ending June 30, the Salt Lake City-based parent of Zions Bank said. Analysts surveyed by Thomson Reuters had expected a loss of 55 cents per share. Zions’ losses in the first quarter of this year and the last quarter of 2009 were $86.5 m...