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A logo of Monte dei Paschi di Siena bank is seen on the ground in Siena

Italy seeks to borrow 20 bln euros to prop up banking sector

20/12/2016(0)
The Italian government decided on Monday to seek parliamentary approval to borrow 20 billion euros to underwrite the stability of its wobbly banking sector, starting with a likely bail-out ... Read More
UniCredit

Woes at Italy’s Biggest Bank Reverberate in Europe

12/09/2016(0)
Troubles could worsen already-weak economy, imperil continent’s fragile financial stability For UniCredit SpA, the summer of discontent for Italy’s banks looks likely to stretch well into the fall—and possibly beyond. UniCredit, ... Read More
banks

Europe Fears Banks Lack Cash Cushion to Cover Bad Loans

25/08/2014(0)
As Europe slogs through its latest round of bank stress tests, a growing number of analysts have already reached their own conclusion: Eurozone banks need additional cash. The E.C.B. ... Read More
paul-krugman

Springtime for Bankers

19/05/2014(0)
By any normal standard, economic policy since the onset of the financial crisis has been a dismal failure. It’s true that we avoided a full replay of the Great ... Read More
Broker Cyprus TopFX