Largest Depositors in Cypriot Banks to Lose 8.3 Billion Euros in Bail-In
April 15, 2013 at 12:29 PM EDT
More details of the Cyprus bank bail-in were released early Monday and showed that the largest depositors in Cypriot banks are set to lose an astonishing 8.3 billion euros as part of the deposit levies. In total, depositors will lose a reported 10.6 billion euros, meaning small depositors, ordinary citizens with