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How Italy's top banks brushed off debt shock

Friday, August 14, 2015 - 05:50

Milan

FOR a change, vast holdings of government bonds didn't hurt Italy's biggest banks during the worst market selloff since 2012.

Against the predictions of some analysts that UniCredit SpA, Intesa Sanpaolo SpA and Banca Monte dei Paschi di Siena SpA would suffer a capital hit in

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