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01-04-2008
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#1 (permalink) |
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Senior Member
Join Date: Dec 2006
Posts: 35,576
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Bank cuts dividend and staff
NEW YORK - National City Corp, one of the 10 largest US banks, said it will cut its common stock dividend 49 per cent and eliminate 900 jobs as it stops offering mortgages through brokers. The company also said it planned to raise...
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