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U.S. explores converting stakes in banks: report
(Reuters)

February 6th, 2009 · No Comments

The twin towers, headquarters of Germany's largest business bank Deutsche Bank AG (R) are seen under construction in Frankfurt, February 4, 2009. (Kai Pfaffenbach/Reuters)Reuters – U.S. officials are examining ways to convert government stakes in banks into ordinary shares as banks accumulate losses, the Financial Times said, citing people close to the discussions.




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[Source: Yahoo! News: Business]

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