UniCredit Has 'Too Much' Investment Banking, Spain

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Nov. 14 (Bloomberg) -- Ralph Silva, a strategist at Silva Research Network, talks about UniCredit SpA's third-quarter loss reported today. Italy's biggest bank posted a surprise 10.6 billion-euro ($14.5 billion) loss in the third quarter, the biggest in the company’s history, amid trading losses and writedowns on acquisitions. Silva speaks with Andrea Catherwood and Elliott Gotkine on Bloomberg Television's "Last Word." (Source: Bloomberg)

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