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Home Purchase Loan - News Articles

NCC National City to slash 4,000 jobs as Q3 net loss widens
Wednesday, October 22, 2008
Trading Markets (press release), CA -
Oct 22, 2008 (Datamonitor via COMTEX) -- NCC | Quote | Chart | News | PowerRating -- National City, the US midwest regional bank, plans to cut around 4000 ...
The Columbus Dispatch : National City cutting jobs
Wednesday, October 22, 2008
Columbus Dispatch, OH -
By Teresa Dixon Murray National City Corp. said yesterday that it plans to cut 4000 jobs nationwide in the next three years, a move that comes after it lost money for the fifth quarter in a row. The Cleveland-based bank, with 29,800 employees across the country, ...
Bloomberg.com: Worldwide
Oct 21, 2008
Bloomberg -
By Linda Shen Oct. 21 (Bloomberg) -- National City Corp., Ohio's largest lender, will cut 4000 jobs after posting a wider third-quarter loss and setting ...
National City has big loss, to cut 4,000 jobs | ETFs | News | Reuters
Tuesday, October 21, 2008
Reuters -
NEW YORK (Reuters) - National City Corp (NCC.N: Quote, Profile, Research, Stock Buzz), the US Midwest regional bank, posted its fifth straight quarterly loss on Tuesday, hurt by increased reserves for mortgage and real estate construction loan losses. ...
National City to cut 4,000 jobs | Deals | Reuters
Tuesday, October 21, 2008
Reuters -
By Jonathan Stempel NEW YORK (Reuters) - National City Corp, a US Midwest regional bank hard hit by the credit crisis, on Tuesday announced plans to slash 4,000 jobs and said rising reserves for soured mortgage and real estate construction loans led to its fifth straight ...
Dow drops more than 200 points Tuesday; many Pittsburgh companies close lower - Pittsburgh Business Times:
Tuesday, October 21, 2008
Bizjournals.com, NC -
The Dow dropped more than 200 points or 2.18 percent to 9063.84 points by noon Tuesday as dismal third quarter earnings reports triggered investors’ jitters ...
The Associated Press: National City's 3Q loss widens, job cuts planned
Tuesday, October 21, 2008
The Associated Press -
NEW YORK (AP) — National City Corp. on Tuesday reported a third-quarter loss and said it will cut 4000 jobs, as the regional bank continues to struggle amid the ongoing downturn in the mortgage and credit markets. Despite the larger-than-expected quarterly loss, National City shares were ...
National City posts 3Q loss, plans 4,000 job cuts - Business First of Louisville:
Tuesday, October 21, 2008
Bizjournals.com, NC -
National City Corp. reported Tuesday it lost $729 million in the third quarter, and plans to cut about 4000 jobs over the next three years. The embattled Cleveland-based bank blamed the loss in part by its “continued actions to build loan loss ...
National City posts third quarter loss of $729 million; will cut 4,000 jobs - St. Louis Business Journal:
Tuesday, October 21, 2008
Bizjournals.com, NC -
National City Corp. reported Tuesday it lost $729 million in the third quarter, and plans to cut some 4000 jobs. The embattled Cleveland-based bank, the St. Louis area's seventh-largest bank with $1.9 billion in deposits last year, blamed the loss in part by ...
National City Corporation Q3 2008 Earnings Call Transcript - Seeking Alpha
Tuesday, October 21, 2008
Seeking Alpha, NY -
Welcome to National City Corporation’s third quarter 2008 earnings conference call. At this time all participants are in a listen only mode. Later, we will conduct a question and answer session with instructions to be given at that time. ...
E*TRADE FINANCIAL Corporation 3Q08 (Qtr End 9/30/08) Earnings Call Transcript - Seeking Alpha
Tuesday, October 21, 2008
Seeking Alpha, NY -
I've been asked to begin this call with the following safe harbor statement: During this conference call, the company will be sharing with you certain projections or other forward-looking statements regarding future events or its future performance. E*TRADE FINANCIAL cautions you that certain factors, ...
Fifth Third reports quarterly loss | Cincinnati Enquirer | Cincinnati.Com
Oct 21, 2008
Cincinnati.com, OH -
By Alexander Coolidge • acoolidge@enquirer.com • October 21, 2008 Fifth Third Bancorp is due to reveal its third-quarter results this morning, ...
toledoblade.com -- Area banks avoid agency's problem list
Oct 21, 2008
Toledo Blade, OH -
By GARY T. PAKULSKI Although banks in northwest Ohio and southeast Michigan have been unable to escape fallout from the nation's mortgage and credit crisis - and at least two have taken steps to raise cash to shore up balance sheets - none is ...
Regional Banks Feel Credit’s Pinch : HousingWire
Tuesday, October 21, 2008
Housing Wire -
A slew of regional bank earnings, released Tuesday morning, provide a quick look at how the nation’s credit crunch is affecting banks other than the national, commercial giants. For Cleveland-based National City Corp. ( NCC : 2.99 0.00% ), the ghost ...
STLtoday - Bailout could make splash here
Wednesday, October 22, 2008
St. Louis Post-Dispatch,  United States -
The federal government's $700 billion rescue plan for the nation's banking system could change the landscape of St. Louis-area banking. The Treasury Department hopes to spur a new round of mergers by steering money to banks ...
KeyCorp to participate in gov’t bailout
Wednesday, October 22, 2008
Schenectady Gazette, NY -
By James Schlett (Contact) ALBANY — The tumult that tore through the financial industry in September has caught up with KeyCorp, which on Tuesday announced a third-quarter loss. The Cleveland-based parent of KeyBank, which has 51 branches and 1,450 employees in the ...
3 banks may seek help | Cincinnati Enquirer | Cincinnati.Com
Wednesday, October 22, 2008
Cincinnati.com, OH -
By Alexander Coolidge • acoolidge@enquirer.com • October 22, 2008 Cincinnati's three biggest banks said Tuesday that they're thinking about applying for capital investments under the U.S. Treasury's $250 billion plan to buy equity stakes in financial institutions. ...
Bloomberg.com: Worldwide
Tuesday, October 21, 2008
Bloomberg -
By Linda Shen and Doug Alexander Oct. 21 (Bloomberg) -- National City Corp., Fifth Third Bancorp and KeyCorp, Ohio's largest banks, reported third-quarter losses amid the worst housing slump since the Great Depression. ...
Deal Journal - WSJ.com : Bank Deals: Who Is Ready to Buy? Who Is in Denial?
Tuesday, October 21, 2008
Wall Street Journal Blogs, NY -
The government’s $250 billion plan to bolster financial institutions is expected to drive many bank mergers, The Wall Street Journal reported today. Is it time yet? At least three big regional banks?National City, Fifth Third and U.S. Bancorp?discussed the possibility today ...
Bloomberg.com: Worldwide
Tuesday, October 21, 2008
Bloomberg -
By Elizabeth Hester Oct. 21 (Bloomberg) -- KeyCorp, US Bancorp, Regions Financial Corp., and National City Corp. said they may seek to join the government's ...

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