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Banking

May 10, 2008

Sovereign Bancorp to raise just over $1 bln: source

“We're a very different company than we were a year ago”

Reuters Thursday, May 8, 2008; 9:44 PM NEW YORK - Sovereign Bancorp Inc , the second-largest U.S. savings and loan, plans to raise just over $1 billion in an equity offering to help it navigate a difficult ... via Washington Post

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