(AFX UK Focus) 2008-01-10 15:35 GMT: Citi, Merrill on hunt for more capital (Interactive Investor)
Story date: 2008-01-10 08:39:54
Added on: 2008-01-10 08:42:51
NEW YORK (AP) - Two of the biggest names on Wall Street are scrambling again to secure major cash infusions from foreign governments to offset billions of dollars in losses from risky subprime mortgage securities, analysts said on Thursday.
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