RBS, Commerzbank and Credit Agricole book losses on Greek debt holdings.
By Aaron Kirchfeld, Fabio Benedetti-Valentini and Gavin Finch, Bloomberg News|February 23, 2012 at 04:44 AM
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Royal Bank of Scotland Group Plc, Commerzbank AG of Germany and France’s Credit Agricole SA booked losses on their Greek government debt two days after creditors agreed to the biggest sovereign restructuring in history.
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