European Banks In Trouble - Italy
World's Oldest Bank Bailed Out By Italian Taxpayers
Summary:
Looking to end a protracted banking crisis that threatens Italy's economy, Prime Minister Paolo Gentiloni has authorised a €20 billion ($29 billion) fund to help lenders in distress - first and foremost Monte dei Paschi. The biggest and oldest banks in the world are failing. The biggest banks are being fined billions. Do you think something is not right with the banking system ..... right around the world?
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