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Monday, April 14, 2014

National Bank of Greece tumbles on reported equity sale

National Bank of Greece tumbles on reported equity saleSeeking AlphaMoving ahead with a capital raise, reports Reuters, National Bank of Greece (NBG) has hired Goldman Sachs and Morgan Stanley to handle an equity offering of up to €2.5B - roughly the size of the capital hole to be filled under terms of Greece's bailout.

READ THE ORIGINAL POST AT seekingalpha.com