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Watch Out Germany: Scholz’s Bank Plan Won’t Just Hit Italians

  • Lenders in Germany and France could see pressure on capital
  • Measures may force banks to reshuffle sovereign holdings
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Nov. 25: Italy Open to Compromise on EU Banks, Minister Says

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Banks across Europe -- not only in the south -- would be hurt by stricter rules on sovereign debt proposed by the German finance minister and some might need to change their holdings significantly.