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Reuters: Bank of America may face $6.5 billion loan loss: analyst

Started by chris, March 24, 2008, 06:01:04 AM

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chris

Bank of America may face $6.5 billion loan loss: analyst
      


NEW YORK (Reuters) - Bank of America Corp , the largest U.S. retail bank, may set aside a record $6.5 billion in the first quarter to cover possible future loan losses, including in its mortgage and home equity portfolios, according to a banking analyst.
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