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SocGen Joins UniCredit in Warsaw as Equity Sales Surge

Record stock sales and a growing economy are helping Poland solidify its position as central Europe’s busiest financial center, even as euro-area neighbors struggle to shake the sovereign-debt crisis.

UniCredit SpA, JPMorgan Chase & Co. and Societe Generale SA are establishing investment-banking hubs in Warsaw, where equity sales of 15 billion zloty ($4.6 billion) this year exceed the $490 million in the rest of central Europe.