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NEW YORK (Dow Jones)–Steep losses Monday in bank stocks reflect the dire straits
the banking industry may face if politicians reach no agreement on the financial
rescue package.
“All of us are just numb,” said Frank J. Barkocy, the director of research at
Mendon Capital Advisors Corp. Asked if he fears more big banks might not pull
through the crisis, [...]

US Bank Shrs Fall; More Div Cuts, Capital Increases Seen
US Bank Shrs Fall; More Div Cuts, Capital Increases Seen
Last Update: 6/13/2008 10:31:20 AM
NEW YORK (Dow Jones)–KeyCorp (KEY) likely won’t be alone in cutting its dividend
and raising capital, analysts at Goldman Sachs said Friday. They estimate there
is another $65 billion in capital raising coming at U.S. [...]