Citigroup, Wachovia, Bank of America and Wells Fargo to cut their dividends?
Citigroup, Wachovia, Bank of America and Wells Fargo to cut their dividends?
Analyst predicted the bank’s first cut, but has she stumbled with latest prediction?
Weaker-than-expected earnings will force Citigroup, Wachovia, Bank of America and Wells Fargo to cut their dividends this spring, says Oppenheimer analyst Meredith Whitney.
“Our argument is simple. Banks under our coverage are dangerously [...]