ECB review forces Italian banks to face up to reality – Reuters


Wall Street Journal
ECB review forces Italian banks to face up to reality
Reuters
MILAN, March 12 (Reuters) – Italian banks are setting aside billions of euros to cover for years of bad loans accumulated as the economy soured, in a long-overdue balance sheet clean-up that could preface better times for the euro zone’s third-largest 
News Analysis: UniCredit’s record loss delivers new blow to Italian banking sectorShanghai Daily (subscription)
Crisis-hit Italian BMPS bank surprises with size of lossGlobalPost
Italy’s oldest bank surprises with huge lossThe Local.it

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Source: italian – Google News

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