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Brexit means Brexit, but what does Quitaly mean?

Posted by | Banks, Brexit, Europe, News, Uncategorized | No Comments

Brexit means Brexit, but what does Quitaly mean? Deutschebank has been the centre of attention in recent days with concerns mounting about its solvency. Worrying as this is, it is not the only European bank that is in trouble. Italy’s banking system is swamped with debt and shares in the largest bank, UniCredit, have fallen by around 67 per cent in the past 12 months. The second biggest, Intesa Sanpaolo,…

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Stock Market

Brexit means Brexit, but what does Quitaly mean?

Posted by | Banks, Brexit, Europe, Quitaly | No Comments

Deutschebank has been the centre of attention in recent days with concerns mounting about its solvency. Worrying as this is, it is not the only European bank that is in trouble. Italy’s banking system is swamped with debt and shares in the largest bank, UniCredit, have fallen by around 67 per cent in the past 12 months. The second biggest, Intesa Sanpaolo, is down by 45 per cent and Monte…

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