Why has the EU given the world’s oldest bank a deadline,how much money needs to be raised, and what impact is the Italian referendum having?The Italian banking system now poses the biggest risk to the financial security of the eurozone and its most venerable (respected because of age, distinguished) institution is at the heart of the problem. Here is what you need to know. Related: Crisis-hit Monte dei Paschi bank refused ECB serve Continue reading...
Source: theguardian.com