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BoA takes surprise credit crunch hit


http://www.telegraph.co.uk/money/main.jhtml?xml=/money/20...

Daily Telegraph - Bank of America is undertaking a high-level strategic review of its investment banking business after trading losses of more than $1.4bn (£700m) contributed to a 32pc drop in third-quarter profits. BoA chief executive Ken Lewis ordered the review as ...



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October 18, 2007 04:45:00 PM
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