UniCredit Shares Slide 5% as Italy’s Banks Fail Stress TestsIn gloom reminiscent of pre-crisis 2008, stress tests conducted by the regulator showed UniCredit, along with other Italian institutions, would not hold up in the event of sudden fiduciary problems.
Financial instability now looks set to spill over across the border, with the political future of Italy heavily dependent on the action of Matteo Renzi’s government.
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https://news.bitcoin.com/unicredit-italy-banks-fail-stress-tests/
