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Home : Business Loan : Franchise Loan : MSN Newsfeeds : Wells Fargo plays down $24bn loss at Wachovia - Guardian Unlimited

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Wells Fargo plays down $24bn loss at Wachovia - Guardian Unlimited

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The stricken US bank Wachovia reported yesterday the biggest quarterly loss of any bank since the onset of the credit crunch. The $24bn (£14.7bn) of losses amount to more than the total price being paid for the North Carolina lender by its rival ...

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