Italy's bank reform will not ease credit crunch soon
Italy's government is close to passing a law that would de-mutualise the country's ten biggest cooperative banks by 2016
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In this article
- Why reform?
- Capital position reinforcement
- Effects of the decree
- Rapid consolidation, internationalisation
- Slower consolidation, defensive strategy
- Acquisition of MPS
- Potential obstacles
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_350.jpg "Bank of Italy Governor Ignazio Visco in Naples (Reuters/Remo Casilli)")