Tuesday, July 22, 2008

Wachovia loses $8.86 billion, slashes jobs

By Jonathan Stempel NEW YORK (Reuters) - Wachovia Corp, the fourth-largest U.S. bank, on Tuesday posted an $8.86 billion second-quarter loss, slashed its dividend and announced the elimination of more than 10,700 jobs after losses tied to mortgages...

read more | digg story

No comments:

12-22-2024

U.S. Navy Shoots Down Own Plane... As Fresh Strikes Target Houthi Rebels in Yemen... Pilots eject safely over Red Sea... REPUBLICANS DEFY MA...