Tuesday, September 4, 2012

French government steps in to aid ailing CIF bank



Published on Sep 3, 2012 by
http://www.euronews.com/ The French government has come to aid of the ailing CIF bank.

The bank failed to find a buyer after being up for sale since May.

The state decided to step in after credit-ratings agency Moody's downgraded the lender.
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