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Director / Editor: Victor Teboul, Ph.D.
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Questions Grow Over Banks as Profit Warnings Pile Up

Questions are growing over the financial health of banks, particularly in Europe, as they face a toxic mix of low economic growth, bad loans and squeezed earnings.   France's Societe Generale became Thursday the latest bank to issue a confidence-shattering profit warning, which helped trigger a new sell-off in financial stocks. The bank saw its share price stumble 12 percent and major rivals like Deutsche Bank and UniCredit saw losses of nearly 10 percent.   European banks...


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