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Latvia suspends bank due to asset shortfall – San Francisco Chronicle


The Baltic Course

Latvia suspends bank due to asset shortfall
San Francisco Chronicle
Latvia's Finance and Capital Markets Commission said late Monday that it was taking over management of Latvijas Krajbanka and had appointed a temporary caretaker. The size of the bank's missing assets was unclear, but prosecutors were alerted,
Latvia Concern Won't Spread From Krajbanka, Lender Group SaysBusinessWeek

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