With $21 Billion Loss, Italian Bank Signals Wider Vulnerabilities – New York Times


BBC News
With $21 Billion Loss, Italian Bank Signals Wider Vulnerabilities
New York Times
Italy’s biggest bank reported a huge loss on Tuesday, foreshadowing the possibility that many financial institutions across Europe could be forced to acknowledge the full extent of their own problems under increased regulatory scrutiny. The
Italian bank UniCredit reports record 14bn-euro lossBBC News
News Analysis: UniCredit’s record loss delivers new blow to Italian banking sectorShanghai Daily (subscription)
UniCredit Posts Massive Net Loss on Loan, Acquisition Write-downsWall Street Journal

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