Archive for the banking crisis Category


Banking Crisis in Europe Deepens. World’s Oldest Bank in Italy in Crisis.

The world’s oldest bank and Italy’s 3rd biggest bank (Monte dei Paschi di Siena) needs to tap investors for cash to pay back the EU loan of 4.1 Billion Euros it received earlier this year after the euro debt crisis. It was forced to delay a vital 3 billion euro ($4.1 Billion) share sale to […]

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