Bank of America posted its first quarterly loss in 17 years and received a boost from the government while Citigroup reported a fourth-quarter loss of $8.29 billion and decided to split up its businesses in a new round of gloomy…
By PBS NewsHour
Stocks across the world closed with large gains Monday after European and U.S. officials poured billions of dollars into struggling banks as part of emergency plans to restore confidence in global financial markets.
By Admin and PBS NewsHour
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