In superconducting Nb/Ag double layers, a diamagnetic transition occurs in the magnetization at a temperature Tb below the transition temperature of Nb due to the proximity-induced superconductivity (PIS) in Ag. For triple layers, where Ag is squeezed between Nb and Fe, we. nd that for thick Ag layers with d(Ag) >= 550 nm the diamagnetic screening in Ag is suppressed by the proximity of Fe, as expected. Surprisingly, for small dAg the diamagnetic signal in Ag reappears due to the competing influence of PIS by the superconductor and pair breaking by the ferromagnet. (C) 2006 Elsevier B.V. All rights reserved.