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Friday, October 4, 2013

Regulator fines Bank of Cyprus for non-disclosure on Greek debt

Regulator fines Bank of Cyprus for non-disclosure on Greek debtReutersLarge depositors were forced to recapitalize the bank this year after it reported massive losses on its Greek bonds. The process, known as a "bail-in" was conditional to the east Mediterranean island reaching agreement with international lenders in ...

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