Foreigners carve up Poland’s banks

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The endgame being played out in the Polish banking sector is messy and aggressive and cuts to the heart of the attractions and the problems faced by strategic and portfolio investors in this emerging European market. The protagonists include three of the world’s powerhouse banks: Citibank, Deutsche Bank and Commerzbank. Minority shareholder rights have been ignored in the scramble for market position. Ian Dawson reports on the fight for the last seats at the top table