UPDATE 1-Morgan Stanley cuts BofA, says banks need more capital - Reuters

Story date: 2008-07-10 06:15:00
Added on: 2008-07-10 08:38:09

July 10 (Reuters) - Morgan Stanley cut its rating on Bank of America Corp (BAC.N: Quote , Profile , Research , Stock Buzz ), and lowered its 2008 earnings view for large-cap U.S. banks saying the banks may have to raise additional $51 billion in ...


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