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Reuters: Analysts slash Q1 estimates for U.S. banks

Started by chris, April 04, 2008, 09:01:03 PM

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chris

Analysts slash Q1 estimates for U.S. banks
      


BANGALORE (Reuters) - Since the start of the month, Wall Street analysts have forecast first-quarter losses at Citigroup  and Merrill Lynch  and slashed their earnings estimates for several other U.S. banks on expectations of further write-downs on the back of challenging global capital markets.
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