EU's ticking timebomb: Italy's EIGHT banks will FALL if Renzi loses referendum - WARNING

EU's ticking timebomb: Italy's EIGHT banks will FALL if Renzi loses referendum - WARNING
 

Up to eight of Italy's banks are teetering on the brink amid fears that a No vote would trigger substantive financial chaos and send them spiralling further.
Bankers are warning that a period of uncertainty triggered by a no vote would serve to prolong market jitters and threaten already pressurised banks.
Italy has eight banks which are already feeling the strain of the country's debt burden. Monte Dei Paschi di Siena - which is Italy's third largest by assets is most at risk. As well as mid-sized Popolare di Vicenza, Veneto Banca and Carige. Four other smaller banks were already rescued... read more

 
28 November 2016 in Business, Views: 32
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