Word: wirtschaftsbank
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...losses in both the U.S. and Europe has jolted public confidence and raised troubling questions about the supervision, efficiency and even the honesty of international banking. Last week the European financial community received two more shocks. Jittery depositors drew so much money out of Vienna's small Allgemeine Wirtschaftsbank that it was forced to shut down. Much more important, Lloyds Bank, Ltd., one of Britain's most prestigious, disclosed that its branch...
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