Rules that would have forced European banks to set aside more money against hundreds of billions in bad loans, appear to be too difficult or too dangerous to implement… Read More ECB Capitulates On Defusing Eurozone’s “$1 Trillion Ticking Time Bomb”
Too Little, Too Late?… Read More EU Moves to Protect Financial System from Failing Banks
The world’s biggest hedge fund, which now owns more than 40% of Europe’s GDP in securities emains forever entwined with the fate of the European capital markets.… Read More ECB Doubles Bond Purchases Just As Market Hits Turbulence
Even banks outside Italy have an absurdly out-sized exposure to Italian sovereign debt.… Read More Despite Years of ECB’s QE (Ending Soon), Italy’s “Doom Loop” Still Threatens Eurozone Financial System
The loss of the ECB shield leaves Italy nakedly exposed to market discipline at a delicate time… Read More The Bundesbank Back in Charge of ECB, Sending Shivers through Italy
In the wake of Italy’s elections results last weekend, Mark Blyth & David Kertzer put in in historical context and talk populism, Five Star Movement and what Italy’s next government will look like… Read More Mark Blyth & David Kertzer – Italy’s Kicked Off
“Operation Overlord.”… Read More Will Italy’s Banking Crisis Spawn a New Frankenbank?
It had been assumed that Silvio Berlusconi would control the Italian Right. Suddenly the EU could be looking at a Lega prime minister named Matteo Salvini who plays by very different rules… Read More Political Risk Rises in Italy as Anti-euro Rebels Flirt with Real Power
But investors are burned out… Read More Italian Banks Try to Join EU’s Newfangled Bond Bamboozle
Just don’t mention “Antonveneta”… Read More Could Italy’s Banking Crisis Drag Down Draghi?
Sharp Dose of Deja Vu for Italy’s Teetering Banks… Read More The Next Italian Bank Threatens to Topple
Wishful thinking may not be enough… Read More Financial Storm Clouds Gather Over Italy