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Bank of America may face $6.5 bln loan loss: analyst | Reuters
News Type: Event — Seeded on Sun Mar 23, 2008 10:56 PM EDT
Article Source: Reutersadvertisement
NEW YORK (Reuters) - Bank of America Corp (BAC.N: Quote, Profile, Research), the largest U.S. retail bank, may set aside a record $6.5 billion in the first quarter to cover possible future loan losses, including in its mortgage and home equity portfolios, according to a banking analyst.
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