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Wednesday, March 26, 2014

Greek Banks’ Capital Increases Signal End to Isolation

Alpha Bank SA and Piraeus Bank SA (TPEIR) raised 2.95 billion euros ($4.07 billion) in new capital from foreign investors in the latest sign Greek lenders are bouncing back from the world’s biggest sovereign debt crisis that pushed them into isolation from international money markets.

READ THE ORIGINAL POST AT www.bloomberg.com