Results at Bank of America, Citigroup hammered by global financial crisis. Citigroup unveils reorganization; Merrill's buyer gets more government aid. NEW YORK " Shares of Citigroup Inc. and Bank of America Corp. fell more than 8% on Friday after the giant banks reported big fourth-quarter losses and took more drastic steps to try to stay afloat. Citi unveiled further plans Friday to dismantle its financial-services empire and Bank of America got billions of dollars in new government support.
Read More...
Saturday, March 21, 2009
Subscribe to:
Post Comments (Atom)
Posts
No comments:
Post a Comment