italian banks

The noise about Brexit, as historically and politically significant as it could be, has, over the past three weeks, allowed
Italy’s banks are on the brink of collapse, but the E.U. is forbidding a bailout.
A new financial crisis is brewing in Europe, one that will prove as devastating as the last economic crisis. This one will also be centered in southern Europe--only this time, instead of the sovereign debt of the region's governments, it will involve the commercial banking sector.
The action was taken after a review of the implications of a tougher-than-previously-anticipated macroeconomic and financial