Leta i den här bloggen

Läser in...

2011-10-26

The world's oldest bank, Siena-based Banca Monte dei Paschi di Siena SpA

The world's oldest bank, Siena-based Banca Monte dei Paschi di Siena SpA, is now caught in the storm.

European leaders are expected to force Monte dei Paschi to raise €2 billion, or about $2.8 billion, or more in new capital, analysts say.

Irish banks ran into trouble due to reckless real-estate lending.
Greek banks have been pummeled by their country's economic implosion.
French banks are paying the price for their boom-time expansions into countries like Greece.

Italian banks, by contrast, are in trouble for what once seemed like a conservative investment: owning Italian government debt.

Wall Street Journal 26 oktober 2011

Inga kommentarer: