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Four European Banks to Fall Below 7% Core Tier 1, Goldman Says

Sept. 13 (Bloomberg) -- Agricultural Bank of Greece, Banca Popolare SC, Credito Valtellinese Scarl and Banca Monte dei Paschi di Siena SpA will fall below the new Basel core Tier 1 ratio of 7 percent by 2012, analysts at Goldman Sachs Group Inc. said in a report to clients today, citing their own estimates.

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To contact the editor responsible for this story: Jann Friedrich Bettinga at

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