Lenders end '09 as biggest S&P 500 losers
China Daily | Updated: 2010-01-02 08:06
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Pedestrians pass a Citibank branch in New York. Citigroup raised cash in December to escape limits tied to "extraordinary financial assistance" from the government. Bloomberg News |
Trio of US banks weighed down by defaulting property loans
NEW YORK: Citigroup Inc, Marshall & Ilsley Corp and Huntington Bancshares Inc ended 2009 with the biggest drops in the Standard & Poor's 500 Index, weighed down by defaulting property loans that may add to their declines this year.
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