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Concerns Grow Over Sovereign Debt Risk

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WE MIGHT BE ABLE TO PUT A LITTLE SOMETHING ON IT
"Sovereign debt risk is emerging as an important concern for senior bankers, risk consultants and auditors following financial woes in Dubai and Greece," according to the Financial Times. "Bankers at some large institutions are discussing whether they need to make provisions for sovereign risks in the same way they now set aside reserves to cover losses from corporate or emerging market risks."
SOURCE:   Financial Times

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