Financial Times FT.com

European banks

Banks eye way out of hell to salvation

By Francesco Guerrera

Published: September 18 2009 19:35 | Last updated: September 18 2009 19:35

“Qui si parra’ la tua nobilitate.” (“Here is where your virtue will be put to the test.”)

Dante Alighieri’s apprehension upon descending into Hell for the first instalment of his Divine Comedy is a feeling US bankers can relate to.

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