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Thread: National City Bank Death Watch

  1. #1
    God/dess Deogol's Avatar
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    Default National City Bank Death Watch

    National City to Trim Dividend by 49%, Cut 900 Jobs

    Jan. 2 (Bloomberg) — National City Corp., Ohio’s largest bank, will reduce its quarterly dividend by 49 percent and cut 900 more jobs as it stops making home loans through third parties.

  2. #2
    Banned Melonie's Avatar
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    Default Re: National City Bank Death Watch

    isn't Citibank also cutting dividends and laying off thousands of employees ? Oh yeah, arab oil sheiks didn't choose to put their billions into National City Bank ... since it's not involved in 'international finance' !

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    Last edited by Melonie; 01-03-2008 at 11:05 AM.

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