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SMBC helps sun rise on Japan covereds
Bonds Debut deal attracts €1.4bn despite unusual structure
BY TOM REVELL, DANIEL STANTON
SUMITOMO MITSUI BANKING CORPORATION
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Politics threatens Italian bad loan clean-up
People & Markets Political risks and government bond sell-off make life more difficult for doBank
BY GARETH GORE
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Source: doBank
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2008200920102011201220132014201520162017
NPLs UTPs
BAD LOANS AT ITALIAN BANKS
GROSS EXPOSURE, €bn