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Big banks to cash in on PPIP

China Daily | Updated: 2009-03-27 07:45

Big banks to cash in on PPIP

A man exits the Wells Fargo & Co headquarters in San Francisco, California. Bloomberg News

The US government's plan to help private investors buy bad bank assets may be a boon for big banks, particularly those that bought rivals last year, but smaller lenders are much less likely to benefit.

Big banks to cash in on PPIP

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