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Europe's Biggest Banks Grow Even Bigger

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SOWING THE SEEDS OF THE NEXT CRISIS
"European banks are emerging from the credit crisis bigger than before, posing more risk to their national economies," according to Bloomberg. "BNP Paribas SA, Barclays Plc and Banco Santander SA are among at least 353 European lenders that have increased in size since the beginning of 2007, according to data compiled by Bloomberg. Fifteen European banks now have assets larger than their home economies, compared with 10 lenders three years ago."
SOURCE:   Bloomberg

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