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Grexit: A buying opportunity for private banks?

Dire warnings are constantly issued as to the consequences of Greece exiting the Euro, as increasingly tortuous negotiations between the IMF, the ECB and Greece’s government drag on. However, some fund managers and private bankers in Asia are unconvinced of the gravity of a ‘Grexit’ scenario. While short term volatility, and a marginal correction is generally accepted to be foreseen…

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