REFILE-GRAPHIC-Capital crunch scare wipes 40 billion euros from Italian banks
30 Oct REFILE-GRAPHIC-Capital crunch scare wipes 40 billion euros from Italian banks
Posted at 15:20h
in
News
by KMFSLLP
Italian banks have lost nearly 40
billion euros ($45 billion) of market capitalisation since May,
with small and mid-sized lenders worst-hit by a sell-off on
concerns that Rome’s budget crisis will lead to a capital crunch
in the third-largest euro zone economy.
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