Italy Banks Extend Slump Amid Rising Credit Quality Concerns

  • Paschi, UniCredit among banks pressed for loan data by ECB
  • Country's bad loans reached 201 billion euros in November

Italian banks led by Banca Monte dei Paschi di Siena SpA extended their losing streak to four days on concerns about the lenders’ credit quality as the European Central Bank toughens scrutiny of bad loans.

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