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Reuters: Wachovia posts surprise loss, to raise capital

Started by chris, April 14, 2008, 12:37:02 PM

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chris

Wachovia posts surprise loss, to raise capital
      


NEW YORK (Reuters) - Wachovia Corp , the fourth-largest bank, on Monday posted a surprise first-quarter loss, hurt by credit problems, and said it would cut its dividend and raise capital.
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