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Tusk to Ditch 350-Year-Old Ukraine Script in Polish Push

3 Apr 2014, 11:58 amThe crisis in Ukraine is following a script familiar to Polish Prime Minister Donald Tusk. In the mid-17th century, a political union that bound Ukraine to Poland was slowly pried apart -- by Russia. That history is guiding Poland's actions in Europe's worst diplomatic crisis since the Cold War, according to Tusk, who's using closer ties with Germany to urge Europe away from Russian energy ...
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Tusk Seeks to Ditch 350-Year-Old Ukraine Script in Polish Push

2 Apr 2014, 4:00 pmThe crisis in Ukraine is following a script familiar to Polish Prime Minister Donald Tusk. In the mid-17th century, a political union that bound Ukraine to Poland was slowly pried apart -- by Russia. That history is guiding Poland's actions in Europe's worst diplomatic crisis since the Cold War, according to Tusk, who's using closer ties with Germany to urge Europe away from Russian energy ...
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Intesa Reports Loss in Balance Sheet Cleanup; Shares Jump

28 Mar 2014, 12:29 amAn advertisement for a personal loan sits on the window of an Intesa Sanpaolo SpA bank branch in Rome, Italy. Close An advertisement for a personal loan sits on the window of an Intesa Sanpaolo SpA bank...
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Financial Services: Bank Branches Under Siege

27 Mar 2014, 5:00 amThe rapid increase of online and mobile banking is streamlining transactions, reducing costs, and making the traditional bank branch a relic of an earlier era.
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Italy Joins Greece Selling Bank Stock to Once-Wary Investors

27 Mar 2014, 1:48 amMonte Paschi will start its sale after May 12, CEO Fabrizio Viola has said, while Banca Popolare di Milano Scarl expects to begin its offer May 5. Close
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Societe Generale Pulls AT1 Bond Sale Before Ratings Report

26 Mar 2014, 4:44 amSociete Generale SA (GLE) said it postponed a sale of additional Tier 1 bonds because of the imminent publication of a ratings report. “In recognizing the need for transparency with the market, Societe Generale has decided to delay the execution of its euro-denominated additional Tier 1 transaction,” Antoine Lheritier, a spokesman for the Paris-based bank, said in an e-mailed statement.
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SocGen Joins UniCredit Planning AT1 Bonds as Issuance Surges

24 Mar 2014, 3:37 amSociete Generale SA (GLE) and UniCredit SpA (UCG) are planning sales of additional Tier 1 bonds, fueling the busiest month for issuance of the subordinated bank debt since the market opened a year ago.
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Stake sale turns Monte Paschi into takeover target

19 Mar 2014, 11:25 amMILAN/ROME (Reuters) - Banca Monte dei Paschi di Siena (MIL:BMPS) is becoming a potential takeover target after its biggest shareholder halved its controlling stake in Italy's third-largest bank. The cash-strapped Monte dei Paschi foundation has sold 15 percent of the bank, likely to more than one buyer, and will cut its holding further in a 3 billion euro (2.5 billion pounds) cash call needed ...