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Moody's Investors Service lowered its long-term ratings on 10 Italian banks and its issuer ratings on three Italian financial institutions by one to two notches Monday.

BING NEWS:
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    10/20/2018 - 5:00 pm | View Link
  • Italian Assets Slide After EU Ramps Up Pressure on Government
    The body still needs to give its official verdict on the budget, while S&P Global Ratings and Moody’s Investors Service could choose to cut the nation ... Italian banks against default has ...
    10/19/2018 - 10:35 am | View Link
  • Italy Gets a Little Breathing Room
    The deal will cut the amount of debt the country needs to refinance in ... Any steepening would help the country's banks, which borrow at shorter maturities and lend longer at higher rates. Bond swaps ...
    10/18/2018 - 4:26 am | View Link
  • Greek Banks Tumble as Italy Contagion Adds to Capital Worry
    Greek banks have fallen more than 40 percent this year amid doubts they can clean up their balance sheets fast enough, as supervisors pressure them to cut their bad-debt holdings ... according to Fitc...
    10/7/2018 - 11:57 pm | View Link
  • Italian Stocks Plummet As EU Rejects Rome’s Budget Plans
    Under EU rules Italy, which has a public debt to GDP ratio of 133 percent and the highest debt servicing costs in Europe, should cut the structural ... with Italian banks getting slammed ...
    10/7/2018 - 11:39 pm | View Link
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