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Italy looks to shift more costly deadwood from its banks

Discussion in 'Market News' started by ForexLive, Nov 19, 2015.

  1. ForexLive

    ForexLive Forum Member

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    Italy is in talks with funds to take over bad bank loans Reuters have picked up story that Italy is having talks on using distressed asset funds taking over bad bank loans. The vehicle could be set up next year for bad loans with private investors taking the lions share of the risk. If it happens then bad loans would not need state guarantees

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