Fifth Third, Wachovia hit by losses from Citi hedge fund
By Riley McDermid, MarketWatch
Last Update: 12:25 PM ET May 20, 2008
NEW YORK (MarketWatch) - Two regional banks confirmed Tuesday that they have lost
more than $600 million from investments tied to a Citigroup hedge fund that got
clobbered during the credit crunch earlier this year.
Fifth Third Bancorp (FITB) [...]