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BES's Brazil play poses warning for other EU banks

Brazilian Flag

The $6.6 billion bailout of Portugal's largest bank poses a warning for other European banks which are heavily exposed to "fragile" emerging market economies in Latin America and Africa, analysts have cautioned.



Deutsche Bank - Foyer Bridge

Deutsche Bank reassures investors

Deutsche Bank became the largest bank in at least four years to feel compelled to reassure investors and employees that it has enough funds to pay coupons on its riskiest debt.