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Barclays write-down proves a relief to investors

Story date: 2007-11-15 07:34:00
Added on: 2007-11-15 08:24:32


International Herald Tribune - ... lower-than-expected write-downs on securities related to the U.S. subprime mortgage ... October was an especially difficult month in the markets, as credit rating agencies ... other consumer loans, forcing the bank to set aside $3.4 billion to cover bad ...


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