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Home » Store » News » More Big Banks Take Hits From Subprime MBS Exposure, Mortgage Units Realigned

More Big Banks Take Hits From Subprime MBS Exposure, Mortgage Units Realigned

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Another handful of top investment banking firms told investors this week that their earnings would be depressed because of exposure to the U.S. subprime mortgage market, leading to further management shakeup and realignment of mortgage business units. Citigroup...
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