Italian Banks Flirt With Disaster Again as Renzi Teeters

Updated on
  • Markets have priced in impact of a ‘No’ vote in referendum
  • Tottering Monte Paschi the wild card as it begins equity sale

What's at Stake in Italy's Referendum?

They’re burdened with a mountain of bad loans. Their stocks have cratered. And they have to operate in an economy prone to recession and political upheaval.

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