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Saturday, March 30, 2013

Bank of Cyprus haircut 'could be 60%'

Wealthy depositors in the Bank of Cyprus could face losses of as much as 60 per cent -- far in excess of what had been expected -- as the country scrambles to save what is left of its stricken banking sector.



via CNN.com - Top Stories http://edition.cnn.com/2013/03/30/business/cyprus-haircut-ft/index.html?eref=edition

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