Cyprus fiasco echoes with Italian bank bondholders

03/20/2013 | Business Times (Singapore), The

Investors spooked by the bank deposit seizure plan in Cyprus are rushing to unload their bond positions in Italy's four largest banks, fearing they, too, might be forced to bear losses in the future. However, depositors in Italy as well as troubled Spain so far have not stampeded to pull out funds.

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Business Times (Singapore), The

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