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IPFS News Link • Economy - Economics USA

Bank of America may face $6.5 bln loan loss

3-23-2008 • Reuters

Bank of America Corp, 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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Reported By Powell Gammill

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Bank of America may face $6.5 bln loan loss

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