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Italian banks have overcome systemic risk

Finanza JIACC

Now that worries Italian banks will suffer a meltdown have subsided, lenders need to persuade investors they can make money

Source: Bloomberg – Both optimistic buyers and more skeptical investors, gathered on the shores of Lake Como for the annual Ambrosetti Forum, agree that momentum for bank shares will depend mainly on an acceleration of economic growth and higher interest rates, while poor governance and business-model sustainability have become the main risks for the industry

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