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Markets braced for bad news from major US banks

Story date: 2008-01-14 06:33:00
Added on: 2008-01-14 21:43:49


Xinhua News Agency - The Financial Times said yesterday that Merrill was seeking about 4 billion dollars in a second capital raising, and the ... Banks, wrestling with huge losses stemming from mortgages lent to people ill-equipped to repay them, have been seeking cash ...


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