NEW YORK (Reuters) - Citigroup Inc's largest individual investor gave the troubled bank new support, saying he would boost his stake modestly, but failed to revive investor confidence as the bank's shares tumbled another 25 percent.
NEW YORK (Reuters) - Stocks briefly edged higher on Thursday after the benchmark S&P 500 index fell to its lowest level in more than six years, triggering short-covering after breaking key technical levels.
NEW YORK (Reuters) - JPMorgan Chase & Co is cutting about 10 percent of its investment banking staff as the credit crunch and slowdown in the economy bite into bank earnings, people familiar with the situation said on Thursday.
NEW YORK (Reuters) - Citigroup Inc , JPMorgan Chase & Co and Capital One Financial Corp are among the final bidders for Chevy Chase Bank, a Bethesda, Maryland, lender, sources familiar with the matter said.
NEW YORK (Reuters) - The number of American workers on the unemployment rolls surged to the highest in a quarter century and a regional manufacturing gauge slumped as U.S. economic misery intensified.
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