Wachovia posts surprise loss, eyes $7 billion capital
NEW YORK (Reuters) - Wachovia Corp , the fourth-largest U.S. bank, on Monday posted a surprise first-quarter loss as credit losses soared and said it would cut its dividend and raise $7 billion in capital.
<p><img src="http://feeds.reuters.com/~a/reuters/businessNews?i=omT4Fc" border="0"></img> (http://feeds.reuters.com/~a/reuters/businessNews?a=omT4Fc)</p><div class="feedflare">
<img src="http://feeds.reuters.com/~f/reuters/businessNews?i=vCCz5sG" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=vCCz5sG) <img src="http://feeds.reuters.com/~f/reuters/businessNews?i=BX20iMg" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=BX20iMg) <img src="http://feeds.reuters.com/~f/reuters/businessNews?i=uZ4Wdfg" border="0"></img> (http://feeds.reuters.com/~f/reuters/businessNews?a=uZ4Wdfg)
</div><img src="http://feeds.reuters.com/~r/reuters/businessNews/~4/269927094" height="1" width="1"/>
http://feeds.reuters.com/~r/reuters/businessNews/~3/269927094/idUSWNAS754420080414