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Home : Billion Dollar Loan : 3 Billion Dollar Loan : MSN Newsfeeds : UPDATE 3-Brazil takes new steps to help banks amid crisis - CNBC

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UPDATE 3-Brazil takes new steps to help banks amid crisis - CNBC

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BRASILIA, Oct 22 (Reuters) - Brazil on Wednesday allowed its two largest state banks to buy stakes in financial firms, the government's latest step aimed at shielding the domestic banking sector from the global credit crunch. It also freed up the ...

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