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06/22/2008

Swiss banks agreed settlement pay-outs to Parmalat

Il was reported that Swiss banks UBS and Credit Suisse agreed settlement pay-outs to Parmalat.
The Parmalat collapse five years ago was one of Europe's biggest financial scandals: more than 14 billion euros went missing from the group's accounts, wiping out the savings of around 135,000 people in Italy.

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07:25 Posted in Switzerland | Permalink | Comments (0)

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