Five reasons appear to be at the root of the Italian banks malaise. 1) A fall inbanks' shares valuation multiples; 2) the cost of the distribution network; 3) the massiveinvestments in Government bonds, thus reinforcing the link with the sovereigndebt crisis; 4) the reliance on ECB funding; and 5) the excessive share of corporateliabilities intermediated.
Premi sulle icone a fianco dei nomi per visualizzare i libri scritti dall'autore