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Crisis bites Swiss banks and Citigroup

Story date: 2007-10-01 12:33:00
Added on: 2007-10-01 13:00:18


Reuters - ... unveiled $3.4 billion in losses, mainly on securities linked to the U.S. subprime mortgage sector, ousted senior managers and slashed jobs, while Credit ... news of UBS taking a 3.5 billion dollar hit will remind investors that not all the bad news ...


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