RPT-Hedge funds bet on big turnaround by Italy’s mid-tier banks
15 May RPT-Hedge funds bet on big turnaround by Italy’s mid-tier banks
Posted at 05:00h
in
News
by KMFSLLP
LONDON, May 15 (Reuters) – Major hedge funds have picked
Italian mid-tier banks as one of Europe’s few remaining recovery
plays, betting they will shed billions of euros in bad loans.
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