Italy's banks

Moody’s Cuts Outlook On Italy’s Banks To Negative As Bank Failures Loom

Calling Italy's banks among the 10 weakest globally, Moody’s has cut its outlook on the European nation’s financial institutions to negative, from stable. The outlook shift follows a change in Italy's sovereign outlook to negative after Italians rejected constitutional reforms in a referendum earlier this month, causing political uncertainty.

Also see
Steve Eisman On Italian Banks - You Are all Screwed
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email support@valuewalk.com and we will get back to you as quick as humanly possible


Saved Articles
X
TextTExtLInkTextTExtLInk

Subscribe to our mailing list

* indicates required

Opt out of occasional 3rd party offers


0