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Thursday, July 21, 2016

Piraeus Bank Chairman Sallas resigns after alleged pressure by Paulson’s Hedge Fund

The board chairman of Greece’s largest lender Piraeus Bank (BOPr.AT) resigned on Wednesday after an extraordinary board meeting. Michael Sallas who led Piraeus to become the country’s largest bank by assets after a series of acquisitions said in a statement that the new financial environment needed new managers to “steer […]


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