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Wachovia's 3Q profit drops 10 percent

Story date: 2007-10-22 02:36:00
Added on: 2007-10-22 03:00:19


Associated Press - ... deposits and reflected the bank's October 2006 acquisition of Golden West Financial Corp., which expanded Wachovia's mortgage ... Net interest margin, a measure of the difference between Wachovia's borrowing costs and lending rates, dropped to 2.92 ...


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