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Saturday, March 23, 2013

Defensive move: Greek bank to buy local branches of troubled Cyprus banks


NBCNews.com

Defensive move: Greek bank to buy local branches of troubled Cyprus banks
NBCNews.com
Piraeus was chosen in a deal that helps to shield Greek banks from the island's crisis and allows Cyprus to shrink its bloated banking sector. The deal, announced by Greece's bank bailout fund, is subject to approval by European competition authorities.
Greek bank to buy local units of Cypriot lendersCBS News
Greece's Piraeus to take over Cypriot banks' Greek units: sourcesChicago Tribune
Cyprus agrees to spin off Greek units of Cypriot banksFox Business
Economic Times -Reuters -Kathimerini
all 1,644 news articles »

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