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European banks have $3tn exposure to emerging markets

European banks have $3tn exposure to emerging markets European banks have loaned in excess of $3tn to emerging markets, more than four times United States lenders and putting them at greater risk if financial market turmoil in countries such as Turkey, Brazil, India and South Africa intensifies, Reuters reported on Tuesday. The risk is most acute for six European banks — BBVA, Erste... 
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Added February 04, 2014
from The Punch News