Reuters: Wachovia, JPMorgan, Wells Fargo tumble

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Wachovia, JPMorgan, Wells Fargo tumble
      

NEW YORK (Reuters) - Shares of several major U.S. banks suffered steep declines Monday as investors speculated that Wachovia Corp  won't merge with Morgan Stanley , while JPMorgan Chase & Co  and Wells Fargo & Co  were downgraded.
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