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National City raises $7B in capital, but posts 1Q loss (AP)

Started by riky, April 22, 2008, 12:10:50 PM

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National City raises $7B in capital, but posts 1Q loss
    (AP)

 


<p>You are not allowed to view links. Register or LoginAP - National City Corp. announced Monday it secured a $7 billion capital infusion from equity investors to help it survive the home mortgage crisis, at least temporarily quashing speculation the nation's 10th-largest bank would have to be sold.</p><br clear="all"/>


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