Italy could spark Europe-wide bank crisis: SocGen chairman
Rules limiting state aid to lenders should be reconsidered, he says
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London
ITALY'S banking crisis could spread to the rest of Europe and rules limiting state aid to lenders should be reconsidered, Societe Generale SA Chairman Lorenzo Bini Smaghi said.
"The whole banking market is under pressure," the former European Central Bank executive board member said on Wednesday.
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