The City sources believed this was the first time the warning – inserted by the army of lawyers working for the 27 banks underwriting the cash call – had been carried in such a document but would not be the last.
Trading in the UniCredit shares was halted five times on Thursday because of huge falls as shareholders digested the terms on which it was trying to raise €7.5bn (£6.2bn) to plug a hole in its regulatory capital.
More to read in: http://www.guardian.co.uk/business/2012/jan/05/euro-plunges-banking-crisis-eurozone/
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