| Citigroup shares plummet 25 percent despite Alwaleed move
(Reuters)
 Reuters - Citigroup Inc's largest individual investor gave the troubled bank new support, saying he would boost his stake modestly, but failed to revive investor confidence as the bank's shares tumbled another 25 percent.
| Shares briefly edge up after losses
(Reuters)
 Reuters - Stocks briefly edged higher on Thursday after the benchmark S&P 500 index fell to its lowest level in more than six years, triggering short-covering after breaking key technical levels.
| JPMorgan cuts investment banking jobs: sources
(Reuters)
Reuters - JPMorgan Chase & Co is cutting about 10 percent of its investment banking staff as the credit crunch and slowdown in the economy bite into bank earnings, people familiar with the situation said on Thursday. | Citi, JPMorgan, Capital One bid for Chevy Chase: sources
(Reuters)
Reuters - Citigroup Inc , JPMorgan Chase & Co and Capital One Financial Corp are among the final bidders for Chevy Chase Bank, a Bethesda, Maryland, lender, sources familiar with the matter said. | Weekly jobless claims surge to 16-year high
(Reuters)
 Reuters - The number of U.S. workers filing new claims for jobless benefits surged last week to their highest level in 16 years, Labor Department data showed on Thursday, as a harsh economic environment forces employers to cut back on hiring.
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