National City to cut 4,000 jobs (Reuters)

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A general view shows a branch of the National City Corp bank in Medina, Ohio, October 21, 2008. (Aaron Josefczyk/Reuters)Reuters - National City Corp, a U.S. Midwest regional bank hard hit by the credit crisis, on Tuesday announced plans to slash 4,000 jobs and said rising reserves for soured mortgage and real estate construction loans led to its fifth straight quarterly loss.


--- Reuters ...



categoriaPersonal Finance commentoNo Comments dataOctober 21st, 2008

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