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From the Floor: Italy's €17bn bank bailout in focus — #SaxoStrats
Rome's decision to set aside up to €17 billion – including €5bn in taxpayer funds – into its failing banking sector is the story of the day as the intervention into Veneto Banca and Banca Popolare di Vicenza places regulatory and political risks in the spotlight.
10:07 minutes
Tags: bonds, commodities, durable goods, energy, equities, forex, home.saxo, ifo, interest rates, italian banks, john hardy, michael boye, peter garnry, saxobank, saxostrats, saxotradergo, tradingfloor.com, yield curve
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