Dexia: Other European Banks to Follow?

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"There are certainly a couple of banks that people will consider to be in the same sort of boat as Dexia. It is essentially the ones that have large exposures to peripheral European sovereign debt and who have not written it down to any large extent. But we are not talking in the twenties or thirties, we are talking probably less than 10," Adrian Schmidt, FX strategist at Lloyds Bank Corporate Markets, told CNBC.

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