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Thursday, January 30, 2014

Greece's National Bank plans to shed private equity business-sources

Greece's biggest lender National Bank (NBG) (ATH:ETE) plans to shed its private equity business to boost its capital, three banking sources said on Wednesday. A sale of the London-based NBGI arm would form part of a restructuring plan that National is following under the terms of its rescue by Greece's creditors, the European Union and the International Monetary Fund. NBG is one of four top ...

READ THE ORIGINAL POST AT finance.yahoo.com