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Wachovia posts surprise loss, to raise capital (Reuters)

Started by riky, April 14, 2008, 12:41:24 PM

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riky

April 14, 2008, 12:41:24 PM
Wachovia posts surprise loss, to raise capital
    (Reuters)

 

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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