A Furious Italian Prime Minister Slams Deutsche Bank As Europe’s Most Insolvent Bank

Wednesday, July 6, 2016
By Paul Martin

by Tyler Durden
ZeroHedge.com
Jul 6, 2016

The difficulties facing Italian banks over their bad loans are miniscule by comparison with the problems some European banks face over their derivatives, Italian Prime Minister Matteo Renzi said on Wednesday. “If this non-performing loan problem is worth one, the question of derivatives at other banks, at big banks, is worth one hundred. This is the ratio: one to one hundred,”

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