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Ackermann Is Lured to Cyprus Bank by Billionaires

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Bank of Cyprus has had to de-leverage, dispose of overseas assets, and take depositors' cash to recapitalise after the crippling credit crunch and eurozone debt crisis. But it has emerged that the group is looking to add another heavyweight and infamous financier to help turn around the business. The Cypriot…

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Click here to read the full story: International Business Times

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