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Reuters: In Italy, bank mergers scant benefit to customers

Started by Sunite, March 11, 2008, 02:01:06 AM

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Sunite

In Italy, bank mergers scant benefit to customers
      


MILAN/ROME (Reuters) - While turmoil in the financial markets threatens profits of banks worldwide, Italian lenders face an altogether different headache: growing pressure to share some of their fat profits with angry consumers.
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