BANK GROUP IIF ON TRACK TO PRESENT COMPLEX DEBT REDUCTION  PROPOSAL ON GREECE BAILOUT TALKS
IIF PROPOSAL IS COMPLEX, INVOLVES OFFERING SEVERAL OPTIONS FOR  PRIVATE CREDITORS
BANKS SEE EURO ZONE LEVY OPTION AS COMPLETELY WRONG, WOULD  PUNISH BANKS NOT EXPOSED TO GREECE
BANKS EXPECT LAWSUITS TO BE MADE IF EURO ZONE BANK LEVY IMPOSED  ON THEM