NEW YORK (Reuters) - Citigroup Inc (C.N) posted its second straight quarterly loss on Friday, hurt by more than $16 billion of write-downs and costs related to credit losses, and said it will cut another 9,000 jobs.

NEW YORK (Reuters) - Several regional banks reported better-than-expected quarterly results on Tuesday, and expressed confidence they could withstand soaring credit losses as the nation's housing market and economy slump.

NEW YORK (Reuters) - UBS AG , the global bank slammed by mortgage and credit losses, may cut up to 10 percent of jobs across much of its investment banking and trading division, people familiar with the situation said on Tuesday.

LONDON (Reuters) - Investors poured back into equities on Thursday, hoping a rescue plan for ailing bond issuers would stem credit losses, while allegations of a massive trade fraud at Societe Generale added to financial sector woes.

NEW YORK (Reuters) - Sovereign Bancorp Inc (SOV.N), the second-largest U.S. savings and loan, on Wednesday posted a $1.6 billion quarterly loss and canceled its dividend following a larger-than-expected write-down for consumer credit losses and a 2006 bank acquisition.

WASHINGTON - Fannie Mae's third-quarter loss more than doubled to $1.4 billion, reducing year-to-date profits by more than half, as credit losses and mounting mortgage delinquencies sour its outlook into 2008, the company said Friday.